Piper Sandler Maintains Neutral on Varonis Systems, Raises Price Target to $30
Portfolio Pulse from jenniferd'souza@benzinga.com
Piper Sandler analyst Rob Owens maintains a Neutral rating on Varonis Systems (NASDAQ:VRNS) and raises the price target from $25 to $30.

August 01, 2023 | 2:46 pm
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Piper Sandler maintains a Neutral rating on Varonis Systems and raises the price target from $25 to $30.
The news directly pertains to Varonis Systems as Piper Sandler maintains a Neutral rating on the company and raises the price target. This suggests that the analyst sees potential in the company but also acknowledges risks. This could lead to increased investor interest but the impact on the stock price is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100