Stephens & Co. Maintains Overweight on Varonis Systems, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Brian Colley maintains an Overweight rating on Varonis Systems (NASDAQ:VRNS) and raises the price target from $37 to $40.
October 31, 2023 | 12:55 pm
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Varonis Systems' price target has been raised from $37 to $40 by Stephens & Co., maintaining an Overweight rating.
The raised price target indicates the analyst's increased confidence in the company's performance. This could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100