RBC Capital Maintains Outperform on Varonis Systems, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has maintained an Outperform rating on Varonis Systems (NASDAQ:VRNS) and increased the price target from $40 to $52.
December 04, 2023 | 2:33 pm
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RBC Capital analyst Matthew Hedberg reaffirmed an Outperform rating on Varonis Systems and raised the price target to $52, indicating a positive outlook on the stock.
The increase in price target by RBC Capital suggests a bullish outlook on Varonis Systems, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
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