Rubrik (NYSE:RBRK) Earns Buy Rating from Analysts at Citigroup

Citigroup started coverage on shares of Rubrik (NYSE:RBRK) in a research note published on Monday, Marketbeat.com reports. The brokerage issued a buy rating and a $46.00 target price on the stock.

RBRK has been the subject of a number of other reports. BMO Capital Markets began coverage on shares of Rubrik in a research report on Monday. They set a market perform rating and a $40.00 price target for the company. The Goldman Sachs Group began coverage on shares of Rubrik in a research report on Monday. They set a buy rating and a $48.00 price target for the company. Guggenheim began coverage on shares of Rubrik in a research report on Monday. They set a buy rating and a $48.00 price target for the company. Truist Financial began coverage on shares of Rubrik in a research report on Monday. They set a buy rating and a $43.00 price target for the company. Finally, Mizuho initiated coverage on shares of Rubrik in a research report on Monday. They set a buy rating and a $46.00 price target for the company. One research analyst has rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of Moderate Buy and a consensus target price of $44.92.

Rubrik Trading Down 4.0 %

Shares of Rubrik stock opened at $33.96 on Monday. Rubrik has a 52 week low of $31.96 and a 52 week high of $40.00.

About Rubrik

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.