Rubrik (NYSE:RBRK) Receives New Coverage from Analysts at CIBC

CIBC assumed coverage on shares of Rubrik (NYSE:RBRK) in a research report report published on Tuesday morning, Benzinga reports. The firm issued an outperformer rating and a $50.00 target price on the stock.

Other equities research analysts also recently issued research reports about the company. Mizuho started coverage on Rubrik in a research report on Monday, May 20th. They set a buy rating and a $46.00 price target for the company. KeyCorp started coverage on Rubrik in a research note on Monday, May 20th. They issued an overweight rating and a $46.00 price target on the stock. Wells Fargo & Company started coverage on Rubrik in a research note on Monday, May 20th. They set an overweight rating and a $42.00 price objective on the stock. The Goldman Sachs Group initiated coverage on Rubrik in a research note on Monday, May 20th. They set a buy rating and a $48.00 price objective on the stock. Finally, Truist Financial initiated coverage on Rubrik in a research report on Monday, May 20th. They set a buy rating and a $43.00 price target on the stock. One analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Rubrik presently has a consensus rating of Buy and an average price target of $44.92.

Rubrik Trading Up 2.5 %

Rubrik stock opened at $33.58 on Tuesday. Rubrik has a 52 week low of $31.96 and a 52 week high of $40.00.

Rubrik Company Profile

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.