CyberArk Announces Preliminary Second Quarter 2017 Financial Results

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Deutsche Bank Downgrades CyberArk Software (CYBR) to Hold

July 14, 2017 6:17 AM EDT

Deutsche Bank downgraded CyberArk Software (NASDAQ: CYBR) from Buy to Hold with a price target of $45.00 (from $60.00) following the company's negative pre-announcement citing elongated sales cycles for large deals in Europe, namely in the UK.

Analyst Karl Keirstead said the debate will... More