Rubrik price target raised to $80 from $76 at Guggenheim

Guggenheim analyst John DiFucci raised the firm’s price target on Rubrik (RBRK) to $80 from $76 and keeps a Buy rating on the shares after having hosted Rubrik CEO Bipul Sinha and CFO Kiran Choudary for investor meetings that “validated our belief that RBRK is not simply a better mouse trap, but also a new answer to new problems of the modern world related to Cyber threats.” The firm cites estimates for greater growth in the out-years following its meetings for its increased price target