JMP Securities Reiterates Market Outperform on Varonis Systems, Maintains $63 Price Target
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Erik Suppiger has reiterated a Market Outperform rating on Varonis Systems (NASDAQ:VRNS) and maintained a $63 price target.
August 04, 2023 | 11:22 am
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Varonis Systems' stock rating has been reiterated as Market Outperform by JMP Securities, with a maintained price target of $63.
The reiteration of a Market Outperform rating by JMP Securities indicates a positive outlook for Varonis Systems. The maintained price target of $63 also suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
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