Truist Securities Reiterates Buy on Varonis Systems, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Joel Fishbein has reiterated a Buy rating on Varonis Systems (NASDAQ:VRNS) and increased the price target from $50 to $55.
March 13, 2024 | 12:27 pm
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Truist Securities has reaffirmed a Buy rating on Varonis Systems and raised the price target from $50 to $55.
The upgrade in the price target by a reputable analyst like Joel Fishbein suggests a positive outlook on the company's future performance. This is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100