Somewhat Favorable Press Coverage Somewhat Unlikely to Impact CyberArk Software (NASDAQ:CYBR) Stock Price

News articles about CyberArk Software (NASDAQ:CYBR) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. CyberArk Software earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 45.9558657880337 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

CYBR has been the subject of a number of analyst reports. BidaskClub lowered CyberArk Software from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 11th. Vetr lowered CyberArk Software from a “strong-buy” rating to a “buy” rating and set a $60.34 price target for the company. in a research note on Monday, May 8th. Evercore ISI reiterated a “buy” rating and issued a $56.00 price target (down previously from $60.00) on shares of CyberArk Software in a research note on Friday, July 14th. Goldman Sachs Group, Inc. (The) restated a “buy” rating and set a $56.00 price objective (down previously from $64.00) on shares of CyberArk Software in a research report on Friday, July 14th. Finally, Stifel Nicolaus restated a “buy” rating and set a $55.00 price objective (down previously from $62.00) on shares of CyberArk Software in a research report on Friday, July 14th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $51.17.

CyberArk Software (NASDAQ CYBR) opened at 40.08 on Friday. CyberArk Software has a 52-week low of $39.57 and a 52-week high of $59.28. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 51.45 and a beta of 2.57. The company has a 50-day moving average price of $43.52 and a 200 day moving average price of $49.01.

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CyberArk Software Company Profile

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)

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