JP Morgan Maintains Neutral on Varonis Systems, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex maintains a Neutral rating on Varonis Systems (NASDAQ:VRNS) and raises the price target from $35 to $36.
October 31, 2023 | 8:05 pm
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NEUTRAL IMPACT
JP Morgan maintains a Neutral rating on Varonis Systems and raises the price target from $35 to $36.
The news is directly about Varonis Systems. JP Morgan'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 $35 to $36 suggests a slightly positive outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100