HomeInvestingEarningsCyberark (CYBR): Best Positioned Security Software Vendors For Accelerating Demand

Cyberark (CYBR): Best Positioned Security Software Vendors For Accelerating Demand

Cyberark (CYBR) was upgraded to overweight from neutral and its price target was raised to $200 from $182 at JPMorgan. The analyst notes that CYBR is one of the best positioned security software vendors to benefit from accelerating demand. JPMorgan has placed CYBR shares on a “positive catalyst watch.” George Tsilis discusses CYBR and compares the stock to CRWD, ZS, and PANW. He then demonstrates an example trade using CYBR. The trade type is a put vertical and the direction is neutral to bullish. Tune in to find out more about the stock market today.

Trading 360

17 Oct 2023

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