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Stock impact report

Analysts 'nervous' after software rally [Seeking Alpha]

CyberArk Software Ltd. - Ordinary Shares (CYBR) 
Last cyberark software ltd. - ordinary shares earnings: 2/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.cyberark.com
Company Research Source: Seeking Alpha
Tech|On the MoveAnalysts 'nervous' after software rallyApr. 27, 2020 1:25 PM ETAtlassian Corporation Plc (TEAM)Brandy BetzWith the iShares Expanded Tech-Software ETF up 30% from last month's low, Canaccord Genuity analyst David Hynes says, "Owning stocks that are straight up into earnings adds risk, and that makes us a bit nervous heading into the Q1 prints."Hynes notes that the current macro uncertainties will "give us a chance to buy software stocks cheaper."The analyst does favor Atlassian (+0.3%BAND-0.7%Guggenheim analyst Imtiaz Koujalgi writes that a common question the firm is getting is if security stocks "are overbought" and not pricing in downside risk.Koujalgi sees CyberArk (CYBR+1.3%PFPT+2.3%FTNTCHKP+2.4%Related cybersecurity :HACKCIBRIHAKBUGFITESee all stocks on the move »Now read:Tech Wreck Picks: Coronavirus Edition » Show less Read more
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