This cybersecurity stock is down sharply in 2026. Jefferies sees a buying opportunity

CNBC Top News ·

This cybersecurity stock is down sharply in 2026. Jefferies sees a buying opportunity

Rubrik is positioned to rally amid surging demand for cybersecurity and data solutions, so investors should scoop up shares while they're still trading at a discount, according to Jefferies. …

Rubrik is positioned to rally amid surging demand for cybersecurity and data solutions, so investors should scoop up shares while they're still trading at a discount, according to Jefferies. The investment firm assigned the stock a buy rating. It also put a $65 price target on shares, implying 24.3% upside from Friday's close. Shares have plunged nearly 32% since the beginning of the year. …

Original source: CNBC Top News