Rubrik (NYSE:RBRK) Receives New Coverage from Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft started coverage on shares of Rubrik (NYSE:RBRK) in a research report sent to investors on Monday, MarketBeat reports. The brokerage issued a buy rating and a $42.00 price target on the stock.

Other research analysts have also recently issued reports about the stock. Mizuho initiated coverage on shares of Rubrik in a report on Monday. They issued a buy rating and a $46.00 target price for the company. Wells Fargo & Company initiated coverage on shares of Rubrik in a report on Monday. They issued an overweight rating and a $42.00 target price for the company. Barclays initiated coverage on shares of Rubrik in a report on Monday. They issued an overweight rating and a $41.00 target price for the company. Guggenheim assumed coverage on shares of Rubrik in a report on Monday. They issued a buy rating and a $48.00 target price for the company. Finally, Citigroup assumed coverage on shares of Rubrik in a research note on Monday. They set a buy rating and a $46.00 price objective for the company. One investment analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of Buy and a consensus target price of $44.92.

Rubrik Stock Down 3.7 %

Shares of Rubrik stock opened at $32.73 on Monday. Rubrik has a 12-month low of $31.96 and a 12-month 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.