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Benzinga
Benzinga
Business
Priya Nigam

Why These 3 CyberArk Analysts Cut Price Targets Despite Q1 Beat-And-Raise

Although Cyberark Software Ltd (NASDAQ:CYBR) reported disappointing first-quarter revenue of $127.6 million, its earnings were better than Street expectations and management raised the full-year guidance.

Mizuho Securities On CyberArk Software: Analyst Gregg Moskowitz reiterated a Buy rating for the company while lowering the price target from $205 to $180.

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