Rubrik (NYSE:RBRK) Earns Buy Rating from Analysts at Guggenheim

Guggenheim started coverage on shares of Rubrik (NYSE:RBRK) in a research note released on Monday, MarketBeat reports. The firm issued a buy rating and a $48.00 price target on the stock.

A number of other equities analysts have also recently commented on RBRK. Mizuho assumed coverage on shares of Rubrik in a report on Monday. They issued a buy rating and a $46.00 target price on the stock. Wells Fargo & Company started coverage on shares of Rubrik in a research note on Monday. They issued an overweight rating and a $42.00 price objective on the stock. Finally, Truist Financial assumed coverage on shares of Rubrik in a research note on Monday. They issued a buy rating and a $43.00 price objective on the stock. One investment analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, Rubrik presently has an average rating of Moderate Buy and an average target price of $44.92.

Rubrik Price Performance

Shares of Rubrik stock opened at $33.96 on Monday. Rubrik has a 52-week low of $31.96 and a 52-week high of $40.00.

About Rubrik

Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors.