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Analysts Offer Insights on Technology Companies: CyberArk Software (CYBR) and Flex (FLEX)

Tipranks - Fri Feb 6, 1:54AM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on CyberArk Software (CYBRResearch Report) and Flex (FLEXResearch Report).

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CyberArk Software (CYBR)

KeyBanc analyst Eric Heath reiterated a Hold rating on CyberArk Software today. The company’s shares closed last Wednesday at $407.02, close to its 52-week high of $421.00.

According to TipRanks.com, Heath is a 5-star analyst with an average return of 17.0% and a 60.2% success rate. Heath covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Rubrik, Inc. Class A, and Palo Alto Networks. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CyberArk Software with a $475.67 average price target, which is a 18.3% upside from current levels. In a report released today, Barclays also maintained a Hold rating on the stock with a $460.00 price target.

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Flex (FLEX)

KeyBanc analyst Steve Barger maintained a Buy rating on Flex today. The company’s shares closed last Wednesday at $58.83.

According to TipRanks.com, Barger is a 5-star analyst with an average return of 18.0% and a 68.2% success rate. Barger covers the Industrial Goods sector, focusing on stocks such as Park-Ohio Holdings, Advanced Energy, and Timken Company. ;'>

Flex has an analyst consensus of Strong Buy, with a price target consensus of $74.00, implying a 17.6% upside from current levels. In a report issued on February 3, Bank of America Securities also maintained a Buy rating on the stock with a $75.00 price target.

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