Truist Financial Begins Coverage on Rubrik (NYSE:RBRK)

Truist Financial initiated coverage on shares of Rubrik (NYSE:RBRK) in a research report sent to investors on Monday morning, Marketbeat reports. The brokerage issued a buy rating and a $43.00 price target on the stock.

Separately, Mizuho assumed coverage on shares of Rubrik in a report on Monday. They set a buy rating and a $46.00 target price on the stock. One analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of Buy and a consensus price target of $44.92.

Rubrik Trading Down 3.7 %

Shares of RBRK opened at $32.73 on Monday. Rubrik has a 12 month low of $31.96 and a 12 month high of $40.00.

About Rubrik

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.