Why CyberArk Software's Stock Is Trading Higher Today

CyberArk Software CYBR shares are trading higher on Monday after Monness Crespi Hardt upgraded the stock from Neutral to Buy and announced a price target of $120 per share.

CyberArk Software provides information technology security solutions to protect data, infrastructure, and assets across the enterprise. The company software solutions focused on protecting privileged accounts, credentials, and secrets. Its products and services include Enterprise Password Vault, Privileged Session Manager, Privileged Threat Analytics,

CyberArk Software shares were trading up 4.22% at $107.32 on Monday. The stock has a 52-week high of $148.74 and a 52-week low of $69.50.

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