Companies in the Technology sector have received a lot of coverage today as analysts weigh in on CyberArk Software (CYBR – Research Report), Cloudflare (NET – Research Report) and Match Group (MTCH – Research Report).
CyberArk Software (CYBR)
Morgan Stanley analyst Hamza Fodderwala maintained a Buy rating on CyberArk Software today and set a price target of $160.00. The company’s shares closed last Tuesday at $136.02.
According to TipRanks.com, Fodderwala has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
CyberArk Software has an analyst consensus of Strong Buy, with a price target consensus of $167.60, representing a 23.1% upside. In a report issued on January 12, Bank of America Securities also maintained a Buy rating on the stock with a $155.00 price target.
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Cloudflare (NET)
Morgan Stanley analyst Keith Weiss maintained a Hold rating on Cloudflare today and set a price target of $47.00. The company’s shares closed last Tuesday at $46.68, close to its 52-week low of $37.37.
According to TipRanks.com, Weiss is a 5-star analyst with an average return of
Currently, the analyst consensus on Cloudflare is a Moderate Buy with an average price target of $60.78, a 30.3% upside from current levels. In a report issued on January 17, Piper Sandler also maintained a Hold rating on the stock with a $46.00 price target.
Match Group (MTCH)
Jefferies analyst James Heaney CFA maintained a Buy rating on Match Group today and set a price target of $65.00. The company’s shares closed last Tuesday at $51.83, close to its 52-week low of $38.64.
According to TipRanks.com, CFA is a 2-star analyst with an average return of
Match Group has an analyst consensus of Strong Buy, with a price target consensus of $62.72.
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Read More on CYBR:
- Cantor Fitzgerald software analysts to hold an analyst/industry conference call
- CyberArk price target lowered to $162 from $184 at Morgan Stanley
- CyberArk price target lowered to $150 from $168 at Barclays
- White House to unveil cybersecurity strategy, Washington Post reports
- CyberArk price target lowered to $160 from $190 at Piper Sandler
