DA Davidson analyst Rudy Kessinger raised the firm’s price target on CyberArk (CYBR) to $465 from $435 and keeps a Buy rating on the shares after hosting a group investor call with its CFO. The company’s management team sounded confident, and while three weeks remain in CyberArk’s typical back-end loaded quarter, it does not sound like the macro is having any negative impact, the analyst tells investors in a research note.
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