2022-05-25 16:28:58 CYBR CyberArk
05/25/22 05/2516:28 05/25/2216:28 | CyberArk initiated with an Overweight at StephensStephens analyst Brian Colley initiated coverage of CyberArk with an Overweight rating and $170 price target. The company is uniquely positioned to serve as a broader identity security platform given its leadership position in PAM, the analyst tells investors in a research note, also noting that its subscription transition is now complete with sales growth and profitability poised to accelerate in 2023. Colley adds that he is positive on CyberArk's exposure to multiple secular and company-specific growth drivers. |
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