JMP Securities Reiterates Market Outperform on Varonis Systems, Maintains $63 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Erik Suppiger has reiterated a 'Market Outperform' rating on Varonis Systems (NASDAQ:VRNS) and maintained a price target of $63.
February 06, 2024 | 5:29 pm
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POSITIVE IMPACT
JMP Securities reaffirms a 'Market Outperform' rating on Varonis Systems with a $63 price target.
The reiteration of a 'Market Outperform' rating and the maintenance of a $63 price target by JMP Securities could signal strong confidence in Varonis Systems' future performance. This endorsement from a reputable analyst is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100