The July consumer price index reading indicated cooling inflation and July retail sales addressed investors' fears about an economic slowdown. They also boosted hopes of an interest rate cut at the Federal Reserve's upcoming meeting in September.
The analyst also noted that Monday.com expects its net dollar retention rate to remain stable at about 110% through fiscal 2024, with management projecting a modest upside by the end of the year. Kothari noted that CYBR's workforce identity and machine identity solutions are emerging as major growth catalysts. He believes that the stock's premium valuation compared to peers is justified, given"the shift to recurring revenues and CYBR's position as a market leader."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top Wall Street analysts are bullish on these dividend stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Pfizer and IBM.
Source: NBCNewYork - 🏆 270. / 63 Read more »
Top Wall Street analysts are bullish on these dividend stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Pfizer and IBM.
Source: nbcchicago - 🏆 545. / 51 Read more »
Top Wall Street analysts like these 3 stocks for long-term prospectsTipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Alphabet and ServiceNow.
Source: CNBC - 🏆 12. / 72 Read more »
Top Wall Street analysts are confident about the potential behind these 3 stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Costco and Nvidia
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »
Top Wall Street analysts are confident about the potential behind these 3 stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Costco and Nvidia
Source: NBCLA - 🏆 319. / 59 Read more »
Powered by Coach, Tapestry’s Q4 Earnings Top Wall Street EstimatesThe Tapestry (TPR) Q4 2024 earnings are in with CEO Joanne Crevoiserat touting a successful year.
Source: wwd - 🏆 24. / 68 Read more »