CyberArk Software (CYBR) Tops Q3 EPS by 19c

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CyberArk Software (CYBR) PT, Estimates Lifted at Oppenheimer Amid Strong Q3

November 13, 2014 6:32 AM EST

Oppenheimer analyst Shaul Eyal reiterated an Outperform rating and boosted his price target on CyberArk Software (NASDAQ: CYBR) to $40.00 (from $38.00) following strong Q3 results.

Eyal commented, "CYBR reported strong 3Q14 results, handily beating consensus revenue and EPS estimates ($28.0M vs. $20.9M revenue estimate). A... More