CyberArk Software Ltd. (NASDAQ:CYBR) Downgraded by TheStreet to “D+”

TheStreet lowered shares of CyberArk Software Ltd. (NASDAQ:CYBR) from a c rating to a d+ rating in a research note released on Thursday.

Other equities analysts have also issued reports about the company. BidaskClub raised CyberArk Software from a buy rating to a strong-buy rating in a report on Saturday, July 1st. UBS AG reissued a neutral rating and set a $52.00 price objective (down from $57.00) on shares of CyberArk Software in a report on Friday, July 14th. Cowen and Company reissued a market perform rating and set a $43.00 price objective (down from $53.00) on shares of CyberArk Software in a report on Friday, July 14th. Bank of America Corporation lowered CyberArk Software from a buy rating to an underperform rating and reduced their price objective for the company from $62.00 to $43.00 in a report on Friday, May 12th. Finally, J P Morgan Chase & Co lowered CyberArk Software from an overweight rating to a neutral rating and reduced their price objective for the company from $63.00 to $45.00 in a report on Friday, July 14th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. CyberArk Software currently has a consensus rating of Hold and an average target price of $51.17.

CyberArk Software (NASDAQ:CYBR) traded down 0.35% during mid-day trading on Thursday, reaching $40.07. The company had a trading volume of 478,537 shares. CyberArk Software has a one year low of $39.57 and a one year high of $59.28. The stock has a market capitalization of $1.19 billion, a PE ratio of 51.44 and a beta of 2.57. The company’s 50-day moving average is $44.90 and its 200-day moving average is $49.41.

COPYRIGHT VIOLATION WARNING: “CyberArk Software Ltd. (NASDAQ:CYBR) Downgraded by TheStreet to “D+”” was first reported by BBNS and is the sole property of of BBNS. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international copyright legislation. The legal version of this piece can be accessed at https://baseballnewssource.com/markets/cyberark-software-ltd-nasdaqcybr-downgraded-by-thestreet-to-d/1447661.html.

Several large investors have recently modified their holdings of the company. SG Americas Securities LLC acquired a new stake in shares of CyberArk Software during the first quarter worth about $102,000. BNP Paribas Arbitrage SA increased its stake in shares of CyberArk Software by 198.4% in the second quarter. BNP Paribas Arbitrage SA now owns 3,796 shares of the technology company’s stock worth $190,000 after buying an additional 2,524 shares during the period. Advisor Group Inc. increased its stake in shares of CyberArk Software by 6.4% in the second quarter. Advisor Group Inc. now owns 3,874 shares of the technology company’s stock worth $193,000 after buying an additional 232 shares during the period. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of CyberArk Software during the first quarter worth about $201,000. Finally, Eastern Bank acquired a new stake in shares of CyberArk Software during the first quarter worth about $203,000. Institutional investors own 80.84% of the company’s stock.

CyberArk Software Company Profile

CyberArk Software Ltd is an Israel-based provider of information technology (IT) security solutions that protects organizations from cyber-attacks. The Company’s software solutions are focused on protecting privileged accounts, which have become a critical target in the lifecycle of cyber-attacks. The Company’s Privileged Account Security Solution consists of various products, such as Shares Technology Platform, Enterprise Password Vault, SSH Key Manager, Privileged Session Manager, Privileged Threat Analytics, Application Identity Manager, CyberArk-Conjur, Endpoint Privilege Manager and On-Demand Privileges Manager.

Analyst Recommendations for CyberArk Software (NASDAQ:CYBR)

Receive News & Ratings for CyberArk Software Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CyberArk Software Ltd. and related companies with our FREE daily email newsletter.

 


Latest News

Kris Bryant Back in Spotlight, Cubs Pushing for Playoff Berth
Kris Bryant Back in Spotlight, Cubs Pushing for Playoff Berth
Despite Changes to Reduce The Length of Games, MLB Games are Actually Getting Longer
Despite Changes to Reduce The Length of Games, MLB Games are Actually Getting Longer
Despite Hitting Home Run, Judge Sets Longest Game Streak for Strikeouts
Despite Hitting Home Run, Judge Sets Longest Game Streak for Strikeouts
Los Angeles Dodgers Move 50 Games Over .500
Los Angeles Dodgers Move 50 Games Over .500
Miami’s Giancarlo Stanton Sets Marlins Home Run Record
Miami’s Giancarlo Stanton Sets Marlins Home Run Record
Bryce Harper Latest Star to Suffer Injury
Bryce Harper Latest Star to Suffer Injury


Leave a Reply

 
© 2006-2017 BBNS.