Analyst Bio:
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on CyberArk Software (CYBR), Applied Materials (AMAT) and SatixFy Communications (SATX ) with bullish sentiments.
CyberArk Software (CYBR)
Rosenblatt Securities analyst Kevin Cassidy reiterated a Buy rating on CyberArk Software today and set a price target of $345.00. The company’s shares closed last Friday at $313.36, close to its 52-week high of $333.32.
According to TipRanks.com, Cassidy is a 5-star analyst with an average return of 18.5% and a 61.0% success rate. Cassidy covers the Technology sector, focusing on stocks such as Bitdeer Technologies, Skyworks Solutions, and Synaptics.