Rubrik rises after Rosenblatt upgrades to 'buy'

Rubrik

12/03/2025 15:28

** Shares of cybersecurity firm Rubrik RBRK.N, backed by Microsoft MSFT.O, rise nearly 6% to $56.94

** Rosenblatt upgrades RBRK's rating to "buy" from "neutral"

** "We believe Rubrik has a leading next-generation data backup and data recovery platform that should enable it to be a market leader for years to come," Rosenblatt analysts says in a note

** RBRK set to report Q4 2025 earnings on Thursday

** Eighteen of 21 brokerages rate stock "buy" or higher, 3 "hold"; median PT at $76 - data compiled by LSEG

** Including session's moves, stock down 13% YTD

 (Reporting by Ateev Bhandari in Bengaluru)

 ((Ateev.Bhandari@thomsonreuters.com;))