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CyberArk Software (CYBR) Receives a Hold from Barclays

Tipranks - Tipranks - Fri Feb 6, 1:38AM CST

In a report released today, Saket Kalia from Barclays maintained a Hold rating on CyberArk Software, with a price target of $460.00.

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Kalia covers the Technology sector, focusing on stocks such as Autodesk, Varonis Systems, and Tenable Holdings. According to TipRanks, Kalia has an average return of 8.3% and a 55.60% success rate on recommended stocks.

In addition to Barclays, CyberArk Software also received a Hold from KeyBanc’s Eric Heath in a report issued today. However, on January 21, Mizuho Securities maintained a Buy rating on CyberArk Software (NASDAQ: CYBR).

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Based on CyberArk Software’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $342.84 million and a GAAP net loss of $50.44 million. In comparison, last year the company earned a revenue of $240.1 million and had a net profit of $11.11 million

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