Rubrik price target raised to $51 from $42 at Barclays

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https://www.tipranks.com/news/the-fly/viking-holdings-price-target-raised-to-49-from-43-at-barclays

Barclays raised the firm’s price target on Rubrik (RBRK) to $51 from $42 and keeps an Overweight rating on the shares ahead of the earnings report on December 5. The firm thinks the shared setup is “solid” given positive data points from a resellers and industry commentary, and improving annual recurring revenue contribution margin. The analyst sees Rubrik continuing on its path to breakeven.

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