Rubrik’s (RBRK) Overweight Rating Reiterated at Cantor Fitzgerald

Cantor Fitzgerald reissued their overweight rating on shares of Rubrik (NYSE:RBRKFree Report) in a research report released on Friday morning, Benzinga reports. The brokerage currently has a $50.00 price objective on the stock.

Other equities analysts have also issued research reports about the stock. BMO Capital Markets raised shares of Rubrik from a market perform rating to an outperform rating and set a $40.00 price target for the company in a research report on Thursday, June 6th. KeyCorp upped 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 World Mkts raised Rubrik to a strong-buy rating in a research report on Tuesday, May 21st. Citigroup increased their target price on Rubrik from $46.00 to $47.00 and gave the company a buy rating in a research note on Thursday, June 13th. Finally, Wedbush reissued an outperform rating and set a $50.00 price target on shares of Rubrik in a research report on Wednesday, June 12th. Thirteen research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of Buy and a consensus target price of $45.57.

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Rubrik Trading Up 5.2 %

Shares of RBRK opened at $30.15 on Friday. Rubrik has a 1 year low of $28.34 and a 1 year high of $40.00. The firm’s 50 day moving average price is $32.86.

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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