Form 6-K CyberArk Software Ltd. For: May 02
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CyberArk Software (CYBR) PT Lowered to $296 at BTIG
May 3, 2024 5:23 AM EDTBTIG 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
