Yahoo Finance·2025-09-26 00:03Core Viewpoint - CyberArk Software Ltd. has been downgraded by Citizens JMP analyst Trevor Walsh from Market Outperform to Market Perform due to the pending acquisition by Palo Alto Networks (PANW) [1][2] Group 1: Acquisition Details - The downgrade is attributed to the acquisition offer from Palo Alto Networks, which includes $45 in cash and 2.2005 PANW shares for each CyberArk share [2] - Both boards have approved the acquisition, and it is expected to close according to the noted timeline [1][2] Group 2: Valuation and Market Position - CyberArk is currently trading at a CY26E EV/revenue multiple of 15.9x, which is a premium compared to the mean multiple of 15.0x for its peer group [2] - The shares are trading modestly above the previous price target of $480, indicating a fair valuation at this time [2] Group 3: Investment Perspective - While CyberArk has potential as an investment, certain AI stocks are viewed as having greater upside potential and less downside risk [3]