Information Provided By:
Fly News Breaks for November 8, 2018
CYBR
Nov 8, 2018 | 09:31 EDT
Needham analyst Alex Henderson raised his price target on CyberArk to $90 and kept his Buy rating after its "strong beat" on Q3 earnings. The analyst also notes that the company's top-line beat was accompanied by increased utilization of Professional Services, which led to record high level of gross margin of 88.5%. Henderson contends that CyberArk has a "clear leadership position" in its market, having added about 200 new logos and disclosing that it now serves 50% of the Fortune 500 companies.
News For CYBR From the Last 2 Days
CYBR
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.