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CyberArk Software (CYBR) stock jumped Monday as Bank of America/Merrill Lynch initiated coverage on the cybersecurity company with a buy rating. BofA analyst Tal Lian set a price target of 60, saying CyberArk’s software security technology has unique advantages that differentiate it from competitors. CyberArk stock jumped 11% to 54 in midday trading on the stock market today, bouncing off its 10-week line. The stock has pulled back sharply in Scalper1 News
Scalper1 News