DA Davidson Maintains Buy on Varonis Systems, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Rishi Jaluria maintains a 'Buy' rating on Varonis Systems (NASDAQ:VRNS) and raises the price target from $30 to $35.
August 04, 2023 | 9:44 am
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DA Davidson analyst maintains a 'Buy' rating on Varonis Systems and raises the price target from $30 to $35.
The news of DA Davidson maintaining a 'Buy' rating and raising the price target for Varonis Systems is likely to have a positive impact on the company's stock in the short term. Investors often follow analyst recommendations, and a higher price target suggests that the analyst sees potential for the stock's price to increase.
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IMPORTANCE 80
RELEVANCE 100