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Stock impact report

CyberArk jumps on back of 'strong' Q1 even as Baird cuts PT [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
CyberArk jumps on back of 'strong' Q1 even as Baird cuts PTMay 13, 2022 3:02 PM ETCyberArk Software Ltd. (CYBR)ZSCHKPPANWBy:Chris CiacciaSA News Editor1 CommentMF3d/E+ via Getty ImagesCyberArk Software (NASDAQ:jumpedfirst-quarter results that investment firm Baird called "strong," though the research house lowered its price target.Analyst Jonathan Ruykhaver maintained his outperform rating on CyberArk Software ("We continue to believe the SaaS/subscription move enlarges the market opportunity, highlighted by accelerating new business, record SaaS business, and 250 new logos in the quarter," Ruykhaver wrote in a note to clients, adding that the company should continue to benefit from demand for privileged access Management, moving to software-as-a-service and "strong execution."rose nearly 10% to $132.32Several other cyber security stocks also rose on Friday, including Zscaler (Earlier this week, CyberArk Software (reported first-quarter results that handily topped estimates and issued Show less Read more
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