CyberArk Software (CYBR) Tops Q3 EPS by 6c

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CyberArk Software (CYBR) PT Lowered to $50 at UBS on 3Q Report; 'Results Show Improving Momentum'

November 3, 2017 10:20 AM EDT

UBS lowered its price target on CyberArk Software (NASDAQ: CYBR) to $50.00 (from $52.00) while maintaining a Neutral rating, following the company's third quarter earnings report.

Analyst Fatima Boolani notes a cautious outlook, despite the company reporting third quarter earnings per share and revenues above consensus... More