CyberArk Software (CYBR) Tops Q1 EPS by 5c

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CyberArk Software (CYBR) PT Lowered to $55 at Imperial Capital Following 1Q Report; 'We Await Stronger Acceleration in License Revenue and EMEA Improvement'

May 12, 2017 12:46 PM EDT

Imperial Capital lowered its price target on CyberArk Software (NASDAQ: CYBR) to $55.00 (from $63.00) while maintaining a In-Line rating, following the company's first quarter earnings report.

Analyst Michael Kim notes the company produced first quarter revenues and earnings above estimates and consensus projections, as management... More