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Fly News Breaks for August 21, 2019
CYBR
Aug 21, 2019 | 07:35 EDT
Cowen analyst Nick Yako initiated CyberArk with an Outperform as he believes it can deliver 19% annual revenue growth through 2024, given its leadership position in Privilege Access Security, a top growth area in security. The analyst also cited its ability to capture spending from existing customers as well as continuing to add new customers. Yako has a $145 price target on CyberArk shares.