The updated fair value estimate for CyberArk Software edges from about US$485.47 to roughly US$487.74 per share, with the discount rate sitting near 10.83% and revenue growth expectations refined from around 18.60% to about 18.62%. This small move reflects a tug of war between upbeat views on the Palo Alto Networks tie up, AI related security interest, and more cautious commentary around limited upside versus the agreed takeover terms and possible investor rotation into other cybersecurity...