JP Morgan Upgrades Varonis Systems to Neutral, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex has upgraded Varonis Systems (NASDAQ:VRNS) from Underweight to Neutral and raised the price target from $27 to $35.
October 27, 2023 | 9:50 am
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Varonis Systems has been upgraded from Underweight to Neutral by JP Morgan, with a raised price target from $27 to $35.
The upgrade from Underweight to Neutral by JP Morgan indicates a more positive outlook for Varonis Systems. The raised price target from $27 to $35 suggests that the analyst sees potential for the stock's price to increase in the short term. This could potentially lead to a positive impact on the stock's price.
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IMPORTANCE 80
RELEVANCE 100