CyberArk Announces Strong First Quarter 2024 Results

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CyberArk Software (CYBR) PT Lowered to $296 at BTIG

May 3, 2024 5:23 AM EDT

BTIG analyst Gray Powell lowered the price target on CyberArk Software (NASDAQ: CYBR) to $296.00 (from $317.00) while maintaining a Buy rating.

The analyst comments "CYBR delivered solid Q1 results with a slight beat on ARR and a fractional increase to its 2024 top line outlook. Most notably, CYBR posted ARR of $811MM / +34% y/y vs our estimate of $813MM / 34.6%... More

CyberArk Software (CYBR) PT Lowered to $275 at DA Davidson

May 2, 2024 3:52 PM EDT

DA Davidson analyst Rudy Kessinger lowered the price target on CyberArk Software (NASDAQ: CYBR) to $275.00 (from $300.00) while maintaining a Buy rating.

The analyst comments "CYBR delivered upside across the board in Q1, though ARR upside was more modest vs. past quarters while... More