Top 12 Trending AI Stocks on Latest News and Ratings

8. CyberArk Software Ltd. (NASDAQ:CYBR)

Number of Hedge Fund Holders: 51

CyberArk Software Ltd. (NASDAQ:CYBR) is the global leader in identity security. Centered on intelligent privilege controls, it provides the most comprehensive security offering for any human or machine identity across business applications, distributed workforces and hybrid cloud environments. Analysts at KeyBanc affirmed their positive market sentiment on the company on January 21st by raising the price target to $400 from $355 while maintaining an Overweight rating.

KeyBanc analysts remain confident about CyberArk Software Ltd.’s (NASDAQ:CYBR) prospects in the identity market, especially in integrating CyberArk Privileged Access Manager (PAM) and Microsoft Defender for Identity. With the integration, organizations stand to enjoy a comprehensive view of their entire identity security landscape for a quicker, more effective threat response.

Security Operations Center (SOC) and Identity teams will gain deeper investigative capabilities by connecting data from various systems, including more thorough remediation options, more accurate attack path identification, and faster and more efficient threat-hunting efforts. Increased cyber resilience is made possible by these combined capabilities.