Analyst Ratings For Varonis Systems
Portfolio Pulse from Benzinga Insights
In the past three months, 7 analysts have provided ratings for Varonis Systems (NASDAQ:VRNS), with a mix of bullish and bearish perspectives. The average 12-month price target has increased to $53.86, up 6.51% from the previous $50.57. Analysts have raised their price targets, reflecting a positive outlook despite the company's financial challenges, such as a net margin of -35.51% and an ROE of -8.6%.
July 30, 2024 | 12:00 pm
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Analysts have raised their price targets for Varonis Systems to an average of $53.86, reflecting a positive outlook despite financial challenges such as a net margin of -35.51% and an ROE of -8.6%.
The increase in average price targets by analysts indicates a positive sentiment towards Varonis Systems. Despite financial challenges, the raised targets suggest that analysts believe in the company's potential for growth, particularly with its ongoing cloud transition.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100