UPDATE: MKM Partners Starts CyberArk Software (CYBR) at Buy

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MKM Partners Initiates Coverage of Cybersecurity Stocks at Buy

September 16, 2022 1:38 PM EDT

MKM Partners analyst Catharine Trebnick initiated coverage of cybersecurity stocks Palo Alto Network (NASDAQ: PANW), Zscaler (NASDAQ: ZS), Fortinet (NASDAQ: FTNT), CrowdStrike Holdings Inc.(NASDAQ: CRWD), and CyberArk Software (NASDAQ: CYBR) in separate notes on Friday.

Trebnick started shares of Palo Alto Networks with a Buy rating and a $250 price target, stating it is a diversified cybersecurity company. "The company has gradually transitioned to a software-focused model, with over 75% of total... More