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Fly News Breaks for March 19, 2019
CYBR
Mar 19, 2019 | 08:35 EDT
As previously reported, FBN Securities analyst Shelby Seyrafi initiated CyberArk with an Outperform rating and a $130 price target. The analyst cites the company's position as a leading provider in the Privileged Account Management market, which he expects to grow by about 20% per year over the next few years. Seyrafi adds that CyberArk revenue growth accelerated "quite notably" in 2018 to 31% from 21% in 2017, and its execution has been strong after the appointment of Ron Zoran as the company's Chief Revenue Officer, who has grown its EMEA sales to levels above those in the Americas.
News For CYBR From the Last 2 Days
CYBR
Mar 28, 2024 | 15:22 EDT
What has Wall Street been buzzing about this week? Here are the top 5 Bu-y calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of March 25-28. Find all top-rated... To see the rest of the story go to thefly.com. See Story Here
CYBR
Mar 28, 2024 | 06:05 EDT
BTIG initiated coverage of CyberArk with a Buy rating and $317 price target. Following field checks with customers, partners, and industry analysts, the firm sees multiple factors driving continued growth in the privilege account management market, where it notes CyberArk holds "a strong leadership position" and is gaining share.