CyberArk shares rise after the fourth quarter rise, the prospects impress Wall Street

In this photo illustration, the CyberArk logo appears...

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CyberArk Software (NASDAQ:CYBR) the stock increased 6% on Thursday, after its fourth-quarter results beat estimates and its outlook drew positive reactions from analysts.

Wedbush Securities maintained an Outperform rating on the stock and raised its price target to $285 from $235, reflecting higher numbers looking ahead.

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