Tag Archives: cybr

3 Reasons Why CyberArk Stock Has Potential To Run

CyberArk Software (CYBR) has fallen about 34% since peaking in mid-June, but one analyst is saying the recent sell-off is “overdone.” Deutsche Bank gives three reasons why the security software firm is at an attractive entry point. First, the 11 security software companies that presented at Deutsche Bank’s Tech Conference were “uniformly bullish, with no hints of any 2H15 or 2016 deceleration,” according to the analyst. Second, Deutsche Bank says

CyberArk, Other Tech Stocks Oversold, Analysts Say

Have some techs gotten oversold in the rough stock market? Tech stocks getting new upgrades or favorable comments from analysts — not just in spite of the volatile stock market, but also partly because of it — include CyberArk Software (CYBR), VMware (VMW) and Zebra Technologies (ZBRA). CyberArk stock has tumbled 18% since August 19, the last time it was near its key 50-day moving average, so Piper Jaffray analyst Andrew Nowinski wrote Tuesday

CyberArk Software Upgraded Amid Market Meltdown

The market meltdown has hit data securer CyberArk (CYBR) so much that the stock got upgraded Tuesday by an analyst who said its declining shares created “an attractive entry point.” On another rough session for the stock market today, CyberArk stock was flat in midday trading, near 51. But shares have fallen 17% since Aug. 19, the last time the stock was near its 50-day moving average line. CyberArk stock hit a seven-month low below 41 on Aug. 24.