Why These 5 Stocks Are Trending Today

3. Cyberark Software Ltd (NASDAQ:CYBR)

Number of Hedge Fund Holders: 29

Cyberark Software Ltd (NASDAQ:CYBR) is up almost 3% today after Mihcael Walkley of Canaccord initiated a ‘Buy’ rating and a $187 price target on the stock. Walkley likes how Cyberark Software Ltd (NASDAQ:CYBR) is a ‘clear leader’ in the Privileged Access Management space and the analyst believes Cyberark Software Ltd (NASDAQ:CYBR) could be a long term winner in the software security market. Cyberark Software Ltd (NASDAQ:CYBR) is down around 14% year to date.