Rubrik rises after Rosenblatt upgrades to 'buy'
ReutersMar 12, 2025 3:28 PM
Shares of cybersecurity firm Rubrik RBRK.N, backed by Microsoft MSFT.O, rise nearly 6% to $56.94
Rosenblatt upgrades RBRK's rating to "buy" from "neutral"
"We believe Rubrik has a leading next-generation data backup and data recovery platform that should enable it to be a market leader for years to come," Rosenblatt analysts says in a note
RBRK set to report Q4 2025 earnings on Thursday
Eighteen of 21 brokerages rate stock "buy" or higher, 3 "hold"; median PT at $76 - data compiled by LSEG
Including session's moves, stock down 13% YTD
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