Vetr Top Raters Downgrade Cyberark To 3-Star Stock

Despite the fact that shares of Cyberark Software Ltd (NASDAQ: CYBR) have gained more than 5 percent since the start of 2016 and more than 30 percent over the past year, the Vetr crowd downgraded the stock's rating to 3-stars out of a possible 5-star rating.

Shares of Cyberark Software have fallen to $48.65 since the prior rating of 3.5-stars was issued just 3 days ago.

Related link: Here's how crowdsourced ratings can beat the market.

Despite a downgrade to a Hold rating, 71 percent of the crowd's ratings are bullish. On the other hand, the crowd sourced price target of $48.41 implies an upside of just 2.64 percent.