Rubrik Gets an Upgrade Ahead of Earnings. Why Analysts Are Torn Over the Cybersecurity Stock.

The cybersecurity stock Rubrik has lagged behind the broader market this year, but some analysts see an opportunity for it to make up lost ground. Mizuho analysts hiked their rating on Rubrik to Outperform from Neutral and reiterated a $97 price target for the stock in a research note Monday. The stock rose in premarket trading but then slipped back for a loss of 0.9% to $70.89 by mid morning.