Bank of America sees more room to run for CyberArk shares after a strong earnings report.
Analyst Madeline Brooks hiked her price target by $20 to $335, which now suggests 27.1% upside from Thursday's close.
Brooks also maintained her buy rating on the cybersecurity stock.
As "a diamond in the rough, CyberArk keeps shining bright," Brooks told clients in a Thursday note.
"We see several drivers that should continue to support growth," Brooks said.
Persons:
Madeline Brooks, Brooks, CyberArk, CrowdStrike
Organizations:
of America, CrowdStrike