Rubrik (NYSE:RBRK) Coverage Initiated at Guggenheim

Guggenheim began coverage on shares of Rubrik (NYSE:RBRKFree Report) in a report released on Monday, MarketBeat reports. The brokerage issued a buy rating and a $48.00 price target on the stock.

A number of other analysts have also issued reports on the company. Truist Financial assumed coverage on Rubrik in a report on Monday. They issued a buy rating and a $43.00 price target for the company. Wells Fargo & Company began coverage on shares of Rubrik in a research note on Monday. They issued an overweight rating and a $42.00 price objective for the company. Finally, Mizuho began coverage on Rubrik in a research report on Monday. They set a buy rating and a $46.00 price target on the stock. One research analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of Moderate Buy and a consensus price target of $44.92.

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Rubrik Trading Down 4.0 %

Shares of NYSE:RBRK opened at $33.96 on Monday. Rubrik has a 1 year low of $31.96 and a 1 year high of $40.00.

About Rubrik

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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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