After This Misstep, Can CyberArk Software Turn it Around?
What was turning into a solid year for Israeli cybersecurity firm CyberArk Software (NASDAQ: CYBR) soured in mid-July when the company gave a disappointing preview of its second quarter. The numbers show a healthy business that is still growing but also expose a stock that could be overvalued based on its future outlook.
The cybersecurity industry is turning in solid gains so far in 2017. Business is on the rise, led by legitimate fears over hacking and other cybercrime.
Source: Fool.com
Cyberark Software Stock
€256.50
-0.230%
With 50 Buy predictions and not a single Sell prediction Cyberark Software is an absolute favorite of our community.
With a target price of 279 € there is a slightly positive potential of 8.77% for Cyberark Software compared to the current price of 256.5 €.
