Rubrik receives "Buy" rating amid data growth expectations

Rubrik, which went public in April 2024, offers the Rubrik Security Cloud as a platform for data cybersecurity. The company aims to grow alongside the increasing demand for business data driven by AI technology. Analysts have initiated a "Buy" rating for Rubrik, indicating positive expectations for its future performance. This marks a shift in sentiment as the company expands its services in a rapidly evolving market.