2024-02-20 02:51:56 ET
Summary
- CyberArk is a Privileged Access Management focused identity security vendor that is beginning to flourish after a difficult period.
- CyberArk's leading position in PAM positions it to develop a unified identity platform and capitalize on the importance of identity in cybersecurity.
- CyberArk's revenue multiple has room to increase further, supported by improving margins and accelerating growth.
CyberArk ( CYBR ) is a Privileged Access Management focused identity security vendor. The company has had a difficult multi-year period due to its transition to a subscription business model but is now beginning to flourish. Identity continues to be central to modern cybersecurity and CyberArk's position as a leading PAM vendor positions it to capitalize on this....
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CyberArk: Emerging Cybersecurity Leader (Rating Upgrade)