Canaccord Lowers CyberArk Stock Price Target but Retains Buy Rating
Tuesday, 4 June 2024, 10:01
Canaccord Lowers Price Target for CyberArk Stock
Canaccord, a leading financial firm, has revised the price target for CyberArk stock, indicating a change in the company's valuation.
Buy Rating Reaffirmed
The Buy rating on CyberArk stock has been reaffirmed by Canaccord, underlining their positive outlook on the stock's performance.
Conclusion: The update from Canaccord on CyberArk's stock price target reflects a cautious optimism, emphasizing the potential for growth despite the adjustment.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.