Somewhat Positive News Coverage Somewhat Unlikely to Affect Cyberark Software (CYBR) Share Price

Media coverage about Cyberark Software (NASDAQ:CYBR) has been trending somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cyberark Software earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 46.9862222317411 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Several research analysts have commented on the stock. BidaskClub upgraded shares of Cyberark Software from a “sell” rating to a “hold” rating in a research report on Saturday, February 3rd. ValuEngine lowered shares of Cyberark Software from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. Zacks Investment Research lowered shares of Cyberark Software from a “buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. Monness Crespi & Hardt began coverage on shares of Cyberark Software in a research note on Monday, December 18th. They issued a “neutral” rating for the company. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and issued a $50.00 price target on shares of Cyberark Software in a research note on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $49.69.

Shares of Cyberark Software (NASDAQ CYBR) opened at $44.68 on Wednesday. Cyberark Software has a one year low of $39.34 and a one year high of $55.63. The company has a market cap of $1,550.00, a P/E ratio of 70.92, a P/E/G ratio of 3.08 and a beta of 2.45.

ILLEGAL ACTIVITY WARNING: This article was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this article on another publication, it was illegally copied and republished in violation of international copyright and trademark law. The original version of this article can be accessed at https://www.dispatchtribunal.com/2018/02/14/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-cyberark-software-cybr-share-price.html.

About Cyberark Software

CyberArk Software Ltd is an Israel-based provider of information technology (IT) security solutions that protects organizations from cyber-attacks. The Company’s software solutions are focused on protecting privileged accounts, which have become a critical target in the lifecycle of cyber-attacks. The Company’s Privileged Account Security Solution consists of various products, such as Shares Technology Platform, Enterprise Password Vault, SSH Key Manager, Privileged Session Manager, Privileged Threat Analytics, Application Identity Manager, CyberArk-Conjur, Endpoint Privilege Manager and On-Demand Privileges Manager.

Insider Buying and Selling by Quarter for Cyberark Software (NASDAQ:CYBR)

Receive News & Ratings for Cyberark Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cyberark Software and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply