CyberArk Software Ltd. (NASDAQ: CYBR) is listed as one of the Buzzing AI Stocks on Wall Street. Citizens JMP analyst Trevor Walsh downgraded the stock from Market Outperform to Market Perform due to pending acquisition by PANW. The acquired deal includes $45 in cash + 2.2005 PANW shares per CYBR share. The transaction is expected to close as planned.

The firm believes that there isn’t a better proposal currently, and the deal will be completed on schedule. CyberArk Software Ltd. develops, markets, and sells software-based identity security solutions and services. While CYBR has potential, other AI stocks may offer more significant upside and less downside risk.

The firm downgraded CYBR’s rating to Market Perform based on the pending acquisition by Palo Alto Networks. The offer includes $45 in cash + 2.2005 PANW shares per CYBR share. CyberArk trades at a CY26E EV/revenue multiple of 15.9x, slightly above the peer group’s mean multiple of 15.0x.

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Read more at Yahoo Finance: CyberArk (CYBR) Stock Downgraded Amid Pending Palo Alto Networks Acquisition