CyberArk Downgraded As Analysts See Stock Overvalued

By | November 25, 2014

Scalper1 News

Cybersecurity firm CyberArk Software (CYBR), which made its IPO in September, was downgraded on Tuesday by two equity research firm analysts who consider the stock overvalued. Separately, Imperial Capital on Tuesday launched coverage with an underperform rating and $40 target. CyberArk Software stock was down 5% near 44 in afternoon trading on the stock market today. “We believe much of the optimism regarding the stock is reflected in the current Scalper1 News

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