Piper Jaffray analyst Andrew Nowinski raised his price target for CyberArk (CYBR) to $90 and keeps an Overweight rating on the shares. Within the last two months, Beyond Trust, CA (Technologies (CA) and Centrify were all acquired, some of which are already creating near-term disruption, Nowinski tells investors in a research note. The analyst believes CyberArk is well positioned to capitalize on this disruption. He notes the takeovers have already led to some layoffs and will likely require extensive work to merge the code bases of the products with the parent company's broader portfolio.