Rubrik (NYSE:RBRK) PT Raised to $42.00

Rubrik (NYSE:RBRKGet Free Report) had its target price raised by equities researchers at Barclays from $41.00 to $42.00 in a report issued on Wednesday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s price target points to a potential upside of 35.00% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. Cibc World Mkts upgraded shares of Rubrik to a “strong-buy” rating in a research report on Tuesday, May 21st. Wedbush assumed coverage on Rubrik in a research report on Monday, May 20th. They set an “outperform” rating and a $50.00 price objective for the company. Cantor Fitzgerald started coverage on Rubrik in a research note on Friday, May 31st. They issued an “overweight” rating and a $50.00 target price on the stock. Citigroup started coverage on Rubrik in a research report on Monday, May 20th. They set a “buy” rating and a $46.00 price target for the company. Finally, Guggenheim assumed coverage on Rubrik in a research report on Monday, May 20th. They issued a “buy” rating and a $48.00 price objective on the stock. Thirteen analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $45.57.

Check Out Our Latest Report on Rubrik

Rubrik Price Performance

Shares of RBRK stock opened at $31.11 on Wednesday. Rubrik has a fifty-two week low of $29.24 and a fifty-two week high of $40.00.

Rubrik Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Rubrik (NYSE:RBRK)

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