Rubrik price target raised to $120 from $115 at Rosenblatt

Rosenblatt raised the firm’s price target on Rubrik (RBRK) to $120 from $115 and keeps a Buy rating on the shares. The company reported solid Q3 results, beating the high end of all metrics, the analyst tells investors in a research note. The firm upped estimates and rolled forward the stock’s valuation.