CyberArk Software (CYBR) Tops Q3 EPS by 10c; Guides FY16 Above the Street

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Go back to CyberArk Software (CYBR) Tops Q3 EPS by 10c; Guides FY16 Above the Street

Imperial Capital Upgrades CyberArk Software (CYBR) to Outperform; Strong License Revenue Growth

November 7, 2016 6:08 AM EST

Imperial Capital upgraded CyberArk Software (NASDAQ: CYBR) from In-Line to Outperform with a price target of $55.00, citing strong momentum.

Analyst Michael Kim commented, "Our price target implies potential upside of 15% above recent levels. We are impressed with the companys consistently strong license revenue... More