Cantor Fitzgerald Reaffirms Overweight Rating for Rubrik (NYSE:RBRK)

Rubrik (NYSE:RBRKGet Free Report)‘s stock had its “overweight” rating restated by research analysts at Cantor Fitzgerald in a research report issued on Friday, Benzinga reports. They presently have a $50.00 price target on the stock. Cantor Fitzgerald’s price target suggests a potential upside of 69.38% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the stock. KeyCorp lifted their price target on shares of Rubrik from $46.00 to $48.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 12th. CIBC started coverage on Rubrik in a research report on Tuesday, May 21st. They issued an “outperformer” rating and a $50.00 price target on the stock. BMO Capital Markets raised Rubrik from a “market perform” rating to an “outperform” rating and set a $40.00 price objective for the company in a research note on Thursday, June 6th. Wedbush reissued an “outperform” rating and issued a $50.00 target price on shares of Rubrik in a research note on Wednesday, June 12th. Finally, Capital One Financial started coverage on Rubrik in a research report on Monday, May 20th. They set an “overweight” rating and a $42.00 target price for the company. Thirteen analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Rubrik presently has a consensus rating of “Buy” and a consensus price target of $45.57.

Get Our Latest Stock Report on Rubrik

Rubrik Stock Down 0.5 %

Rubrik stock traded down $0.15 during trading hours on Friday, hitting $29.52. The stock had a trading volume of 349,982 shares, compared to its average volume of 1,284,028. Rubrik has a fifty-two week low of $29.24 and a fifty-two week high of $40.00.

About Rubrik

(Get Free Report)

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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