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CyberArk Software (CYBR): Lumpiness In Billings and FCF, Still Increasing PT - Piper Jaffray

Go back to CyberArk Software (CYBR): Lumpiness In Billings and FCF, Still Increasing PT - Piper Jaffray

Imperial Capital Raises Price Target on CyberArk Software (CYBR) to $55 Following 2Q

August 11, 2016 7:21 AM EDT

Imperial Capital reiterated an In-Line rating on CyberArk Software (NASDAQ: CYBR), and raised the price target to $55.00 (from $45.00), following the company's 2Q earnings report. CYBR reported revenue of $50.4mn and adjusted EPS of $0.29, compared with the Street revenue estimates of 48.3mn and adjusted EPS estimates... More