Rubrik Posts Strong F4Q Beat: 6 Analysts Raise Forecasts Citing 'Significant Runway For Growth'

Shares of Rubrik Inc (NYSE:RBRK) were climbing in early trading on Friday, after reporting upbeat fourth-quarter results.Here are some key analyst takeaways.KeyBanc Capital Markets On RubrikAnalyst Eric Heath maintained an Overweight rating, while reducing the price target from $87 to$82.Rubrik's subscription ARR (annual recurring revenue) rose 39% year-on-year to $1,093 million, beating consensus of$1,060 million, Heath said in a note. While the beat was similar to the prior three quarters, it marked an ...