Citigroup Maintains Neutral on Varonis Systems, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Fatima Boolani maintains a Neutral rating on Varonis Systems (NASDAQ:VRNS) and raises the price target from $27 to $32.
August 30, 2023 | 5:11 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Varonis Systems and raises the price target from $27 to $32.
The news is directly about Varonis Systems. Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $27 to $32 suggests a positive outlook in the longer term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100