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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100