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Fly News Breaks for March 9, 2018
CYBR
Mar 9, 2018 | 07:05 EDT
BofA/Merrill analyst Daniel Bartus upgraded CyberArk to Buy from Neutral and increased its price target to $60 from $51. Bartus said CyberArk is one of the strongest companies in the high growth market of Privileged Account Management, one of the most critical areas of security, has an attractive relative valuation, and recurring revenue streams that are under-appreciated. The analyst is positive on market tailwinds and sees the potential for 20%+ CAGR through 2020.
News For CYBR From the Last 2 Days
