Rubrik (NYSE:RBRK) Given New $48.00 Price Target at KeyCorp

Rubrik (NYSE:RBRKGet Free Report) had its price objective increased by equities research analysts at KeyCorp from $46.00 to $48.00 in a research note issued on Wednesday, Benzinga reports. The firm presently has an “overweight” rating on the stock. KeyCorp’s price target would suggest a potential upside of 54.29% from the stock’s previous close.

A number of other equities analysts have also issued reports on the company. Barclays started coverage on Rubrik in a research note on Monday, May 20th. They set an “overweight” rating and a $41.00 price target for the company. Wells Fargo & Company initiated coverage on Rubrik in a report on Monday, May 20th. They set an “overweight” rating and a $42.00 target price on the stock. Deutsche Bank Aktiengesellschaft began coverage on shares of Rubrik in a report on Monday, May 20th. They issued a “buy” rating and a $42.00 price target for the company. The Goldman Sachs Group began coverage on shares of Rubrik in a research note on Monday, May 20th. They issued a “buy” rating and a $48.00 price objective on the stock. Finally, Cantor Fitzgerald assumed coverage on shares of Rubrik in a research note on Friday, May 31st. They set an “overweight” rating and a $50.00 target price for the company. Thirteen equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $45.57.

Read Our Latest Analysis on Rubrik

Rubrik Stock Performance

Rubrik stock opened at $31.11 on Wednesday. Rubrik has a 12-month low of $29.24 and a 12-month high of $40.00.

Rubrik Company Profile

(Get Free Report)

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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