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Rubrik, Inc. (NYSE:RBRK)’s platform is designed for the cloud era, providing seamless integration with public and private cloud environments. This flexibility enables organizations to manage and protect data throughout diverse infrastructures, a capability that legacy backup solutions often lack. Several brokerages have recently issued reports on RBRK. CIBC raised their price objective on Rubrik from $125.00 to $130.00 and gave the stock an "outperformer" rating in a research note on Thursday, September 11th. Truist Financial raised their price objective on Rubrik from $90.00 to $110.00 and gave the stock a "buy" rating in a research note on Friday, June 6th. KeyCorp raised their price objective on Rubrik from $113.00 to $117.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 10th. BMO Capital Markets restated an "outperform" rating and issued a $110.00 price objective (up from $77.00) on shares of Rubrik in a research note on Friday, June 6th. Finally, Barclays raised their price objective on Rubrik from $115.00 to $120.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 10th. Sixteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $108.67. The "rbrk stock price" has been resilient against market-wide corrections, maintaining a steady bid from institutional players anticipating strong annual returns.