Rubrik (NYSE:RBRK) Rating Increased to Outperform at BMO Capital Markets

BMO Capital Markets upgraded shares of Rubrik (NYSE:RBRKFree Report) from a market perform rating to an outperform rating in a research note issued to investors on Thursday, MarketBeat reports. BMO Capital Markets currently has $40.00 price target on the stock.

Other analysts have also recently issued research reports about the stock. Truist Financial initiated coverage on shares of Rubrik in a research note on Monday, May 20th. They set a buy rating and a $43.00 target price for the company. CIBC initiated coverage on shares of Rubrik in a research note on Tuesday, May 21st. They set an outperformer rating and a $50.00 target price for the company. Mizuho initiated coverage on shares of Rubrik in a research note on Monday, May 20th. They set a buy rating and a $46.00 target price for the company. Cibc World Mkts upgraded shares of Rubrik to a strong-buy rating in a research note on Tuesday, May 21st. Finally, The Goldman Sachs Group initiated coverage on shares of Rubrik in a research note on Monday, May 20th. They issued a buy rating and a $48.00 price objective for the company. Thirteen research 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, the company has an average rating of Buy and an average target price of $45.29.

Check Out Our Latest Research Report on RBRK

Rubrik Price Performance

NYSE RBRK opened at $33.27 on Thursday. Rubrik has a 52-week low of $29.24 and a 52-week high of $40.00.

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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Analyst Recommendations for Rubrik (NYSE:RBRK)

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