Rubrik raised $752M in its IPO on April 25th, and underwriters are expected to initiate research coverage after the quiet period ends on June 4th.
Rubrik's quiet period ends June 4th, with underwriters expected to initiate research coverage after the expiration. Cantor Fitzgerald initiated coverage with an overweight rating and $50 price target, while Goldman Sachs, Wedbush, CIBC, and Citigroup have also issued ratings ranging from buy to outperform and price targets between $46 and $50. Rubrik raised $752M in its IPO on April 25th.
June 01, 2024
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