Cantor Fitzgerald reiterated their overweight rating on shares of Rubrik (NYSE:RBRK – Free Report) in a research note issued to investors on Friday morning, Benzinga reports. They currently have a $50.00 price target on the stock.
Several other brokerages have also recently commented on RBRK. Citigroup upped their target price on shares of Rubrik from $46.00 to $47.00 and gave the company a buy rating in a research report on Thursday, June 13th. CIBC started coverage on shares of Rubrik in a research report on Tuesday, May 21st. They set an outperformer rating and a $50.00 target price for the company. KeyCorp upped their target price on shares of Rubrik from $46.00 to $48.00 and gave the company an overweight rating in a research report on Wednesday, June 12th. Barclays upped their price objective on shares of Rubrik from $41.00 to $42.00 and gave the company an overweight rating in a research report on Wednesday, June 12th. Finally, Mizuho began coverage on shares of Rubrik in a research report on Monday, May 20th. They issued a buy rating and a $46.00 price objective for the company. Thirteen research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Rubrik has an average rating of Buy and a consensus target price of $45.57.
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Rubrik Stock Performance
About Rubrik
Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors.
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