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Rubrik price target raised to $130 from $120 at Baird

Baird analyst Shrenik Kothari raised the firm’s price target on Rubrik (RBRK) to $130 from $120 and keeps an Outperform rating on the shares. The firm updated its model following its blowout Q2 results and where its platform appears to be set up for a solid Q4 fiscal 2027.

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