BMO Capital Markets upgraded shares of Rubrik (NYSE:RBRK - Free Report) from a market perform rating to an outperform rating in a research report sent to investors on Thursday morning, MarketBeat.com reports. They currently have $40.00 target price on the stock.
Other equities analysts have also recently issued reports about the company. Truist Financial initiated coverage on Rubrik in a research report on Monday, May 20th. They issued a buy rating and a $43.00 price target for the company. Guggenheim initiated coverage on Rubrik in a research report on Monday, May 20th. They issued a buy rating and a $48.00 price target for the company. Deutsche Bank Aktiengesellschaft initiated coverage on Rubrik in a research report on Monday, May 20th. They issued a buy rating and a $42.00 price target for the company. Barclays initiated coverage on Rubrik in a research report on Monday, May 20th. They issued an overweight rating and a $41.00 price target for the company. Finally, Wells Fargo & Company began coverage on Rubrik in a research report on Monday, May 20th. They issued an overweight rating and a $42.00 price target for the company. Thirteen analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of Buy and an average price target of $45.29.
Check Out Our Latest Research Report on RBRK
Rubrik Stock Performance
Shares of RBRK traded up $1.87 during mid-day trading on Thursday, hitting $33.27. The stock had a trading volume of 1,135,691 shares, compared to its average volume of 1,274,424. Rubrik has a 52 week low of $29.24 and a 52 week high of $40.00.
Rubrik Company Profile
(
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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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