CyberArk Software (CYBR) Tops Q3 EPS by 1c, Offers Guidance

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Go back to CyberArk Software (CYBR) Tops Q3 EPS by 1c, Offers Guidance

CyberArk Software (CYBR) PT Raised to $220 at Mizuho Securities

November 4, 2021 12:52 PM EDT

Mizuho Securities analyst Gregg Moskowitz raised the price target on CyberArk Software (NASDAQ: CYBR) to $220.00 (from $200.00) while maintaining a Buy rating.

The analyst commented, "CYBR reported a strong 3Q, led by ARR growth of 38% Y/Y that meaningfully exceeded our and the Street's 34% forecast.... More