Barclays Upgrades Varonis Systems to Overweight, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia has upgraded Varonis Systems (NASDAQ:VRNS) from Equal-Weight to Overweight and raised the price target from $35 to $37.
October 13, 2023 | 9:46 am
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Varonis Systems has been upgraded by Barclays from Equal-Weight to Overweight and the price target has been raised from $35 to $37.
The upgrade from Barclays is a positive signal for Varonis Systems. The increase in price target indicates that the analyst believes the stock has potential to perform better in the future. This could lead to increased investor interest and potentially a rise in the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100