Roth Capital raised the firm’s price target on Rubrik (RBRK) to $107 from $97 and keeps a Buy rating on the shares. The company reported a good quarter with all the metrics coming in ahead of Street expectations, though while its revenue growth accelerated slightly, it was helped by a 7 point tailwind from non-recurring revenues, the analyst tells investors in a research note.
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Read More on RBRK:
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