Morgan Stanley Maintains Overweight on Varonis Systems, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Hamza Fodderwala maintains an Overweight rating on Varonis Systems (NASDAQ:VRNS) and raises the price target from $39 to $42.
November 07, 2023 | 2:09 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Varonis Systems and raises the price target from $39 to $42, indicating a positive outlook for the company.
The raised price target by Morgan Stanley indicates a positive outlook for Varonis Systems. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100