KeyBanc raised the firm’s price target on Rubrik (RBRK) to $113 from $98 and keeps an Overweight rating on the shares following a strong Q1 top- and bottom-line beat and meaningful FY26 guide above. The firm sees Rubrik’s strong results amid a challenging macro environment as indicative of the continued demand for next-gen backup and recovery solutions and supporting its view that the market is accelerating, driven by legacy displacements, an expanding number of addressable workloads, and more security functionality-all of which is being catalyzed by the large number of high-profile ransomware attacks.
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Read More on RBRK:
- Rubrik price target raised to $125 from $80 at Wells Fargo
- Rubrik, Inc.: Strong Market Position and Growth Potential Drive Buy Rating and Increased Price Target
- Rubrik, Inc. Reports Strong Q1 FY 2026 Results
- Rubrik, Inc. Receives Buy Rating for Strong Financial Performance and Strategic Positioning in Cybersecurity Market
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