Rosenblatt analyst Catharine Trebnick downgraded CyberArk (CYBR) to Neutral from Buy with a $445 price target after the company confirmed its intent to be acquired by Palo Alto Networks (PANW) in a $25B cash and stock deal.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CYBR: