Scalper1 News
CyberArk Software’s (CYBR) 34% decline on Wall Street since June has created an “attractive” entry point, a second analyst has now written this month of the beleaguered stock. Nomura analyst Frederick Grieb sees CyberArk’s sub-3% penetration into the privileged account management market as a positive for potential investors. “Taking a bottom-up approach, we arrive at a $9 billion potential total addressable market for CyberArk license revenue,” Scalper1 News
Scalper1 News