Stephens & Co. Reiterates Overweight on Varonis Systems, Maintains $55 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Brian Colley has reiterated an Overweight rating on Varonis Systems (NASDAQ:VRNS) and maintained a $55 price target.
February 06, 2024 | 4:33 pm
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Stephens & Co. analyst Brian Colley reaffirmed an Overweight rating on Varonis Systems, with a $55 price target.
The reiteration of an Overweight rating and a $55 price target by a reputable analyst suggests a positive outlook for Varonis Systems. This endorsement could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100