Rubrik (NYSE:RBRK) Price Target Raised to $47.00

Rubrik (NYSE:RBRK) had its target price increased by Citigroup from $46.00 to $47.00 in a research note published on Thursday, Benzinga reports. The firm currently has a buy rating on the stock.

RBRK has been the subject of several other reports. Wells Fargo & Company assumed coverage on Rubrik in a report on Monday, May 20th. They set an overweight rating and a $42.00 target price for the company. CIBC started coverage on Rubrik in a report on Tuesday, May 21st. They issued an outperformer rating and a $50.00 price objective for the company. The Goldman Sachs Group started coverage on Rubrik in a report on Monday, May 20th. They issued a buy rating and a $48.00 price objective for the company. Cantor Fitzgerald reissued an overweight rating and issued a $50.00 price objective on shares of Rubrik in a report on Wednesday. Finally, Truist Financial started coverage on Rubrik in a report on Monday, May 20th. They issued a buy rating and a $43.00 price objective for the company. Thirteen analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Rubrik has an average rating of Buy and an average target price of $45.57.

Rubrik Trading Up 4.5 %

Shares of NYSE RBRK opened at $32.50 on Thursday. Rubrik has a 52-week low of $29.24 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.