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CyberArk Downgraded To Neutral At Goldman Sachs, Sees Better Opportunity Elsewhere
Monday, August 15, 2016 - 7:18am | 404Read More...Following the 27 percent rise in the share price of Cyberark Software Ltd (NASDAQ: CYBR) since March 21, Goldman Sachs’ Gabriela Borges believes there are “more opportunities in other Security stocks over the next 12 months.” Borges downgraded the rating on the company from Buy to...
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Goldman Sees A Strong Expansion Runway For CyberArk Software
Wednesday, August 10, 2016 - 9:04am | 308Read More...Goldman Sachs maintained its Buy rating on Cyberark Software Ltd (NASDAQ: CYBR) as it sees a strong runway for the company to expand both within existing customers and at new customers with greenfield privileged access adoption. "Importantly, we do not believe that the sequential decline...
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Expect Near-Term Palo Alto Volatility; Goldman Sachs Still Bullish
Friday, May 27, 2016 - 8:05am | 277Read More...Palo Alto Networks Inc (NYSE: PANW) reported its 3QFY revenues above the estimate and consensus, with in-line EPS. Goldman Sachs’ Gabriela Borges maintains a Buy rating on the company, while lowering the price target from $188 to $165. 3Q Results “There were moving pieces to the quarter...
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Goldman Is Buying Secureworks, Sees 27% Upside
Tuesday, May 17, 2016 - 8:07am | 169Read More...Goldman Sachs' Gabriela Borges initiated Secureworks Corp (NASDAQ: SCWX) at Buy with a price target of $17.50. "We believe Secureworks is uniquely positioned to gain [market] share at the intersection of two secularly growing verticals: security and IT outsourcing/managed service" Borges said. The...
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FireEye's Business Transitions Create Continued Volatility, Goldman Warns
Friday, May 6, 2016 - 8:10am | 266Read More...FireEye Inc (NASDAQ: FEYE) reported its 1Q billings ahead and sales short of expectations. Goldman Sachs’ Gabriela Borges maintained a Buy rating for the company, while reducing the price target from $20 to $18. FireEye reported 1Q billings of $186mn, representing 23 percent y/y growth....
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Goldman Maintains Buy Rating On Cyberark Following Q1 Results
Friday, May 6, 2016 - 7:56am | 290Read More...Cyberark Software Ltd (NASDAQ: CYBR) reported better-than-expected 1Q16 revenue and EPS. Goldman Sachs’ Gabriela Borges maintained a Buy rating for the company, with a price target of $51. The analyst commented that the performance reflected “continued product growth and unparalleled...
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Goldman Sachs: CyberArk Could Be Getting More Government Support
Wednesday, March 30, 2016 - 9:47am | 282Read More...Cyberark Software Ltd (NASDAQ: CYBR) announced on March 29 that it has been awarded the “UC APL” (Unified Capabilities Approved Products List) certification by the Department of Defense (DoD). Goldman Sachs’ Gabriela Borges reiterated a Buy rating on the company, with a price...
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Goldman Is Buying Cybersecurity's Growth
Monday, March 21, 2016 - 8:03am | 900Read More...Goldman Sachs’ Gabriela Borges launched coverage on Security with an Attractive view. She said that chances of spending growth stabilizing or reaccelerating in 2017 were high, and this could be a good time to buy stocks. Analyst Gabriela Borges mentioned the following factors that support...
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ON Semiconductor Shares Plunge 7% Following Goldman Sachs Downgrade
Wednesday, April 1, 2015 - 10:16am | 236Read More...Goldman Sachs downgraded ON Semiconductor Corp (NASDAQ: ONNN) Wednesday from Neutral to Sell and cut its price target from $12.50 to $10.50. Analysts led by Gabriela Borges noted that the stock was up 50 percent over five months and that the market was "underestimating the potential for...
