Wells Fargo Maintains Equal-Weight on Varonis Systems, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Nowinski has maintained an Equal-Weight rating on Varonis Systems (NASDAQ:VRNS) and increased the price target from $42 to $45.
February 06, 2024 | 4:30 pm
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Wells Fargo has maintained its Equal-Weight rating on Varonis Systems but raised the price target from $42 to $45.
The increase in price target by a reputable analyst like Andrew Nowinski suggests a positive outlook on Varonis Systems' stock. This adjustment reflects an expectation of improved performance or valuation, likely leading to increased investor confidence and potentially a short-term rise in the stock price.
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