Deal Delays Dent CyberArk Software Ltd Earnings
CyberArk Software (NASDAQ: CYBR) reported second-quarter financial results on Aug. 8.
The Israeli cybersecurity company struggled to close deals on time, prompting it to reshuffle its leadership structure in order to right the ship.
Delays in closing deals dinged CyberArk's second-quarter results. Image source: Getty Images.
Source: Fool.com
Cyberark Software Stock
€237.20
1.350%
The stock is an absolute favorite of our community with 46 Buy predictions and no Sell predictions.
As a result the target price of 276 € shows a slightly positive potential of 16.36% compared to the current price of 237.2 € for Cyberark Software.