Varonis Systems shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight.
Portfolio Pulse from Bill Haddad
Morgan Stanley has upgraded Varonis Systems from Equal-Weight to Overweight, leading to a rise in the company's stock.
October 16, 2023 | 11:34 am
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POSITIVE IMPACT
Varonis Systems' stock is expected to perform well in the short term due to the upgrade from Morgan Stanley.
Morgan Stanley's upgrade from Equal-Weight to Overweight indicates a positive outlook for Varonis Systems. This has led to an increase in the company's stock, suggesting a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100