Barclays Maintains Overweight on Varonis Systems, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Overweight rating on Varonis Systems and raises the price target from $60 to $65.
October 07, 2024 | 6:36 pm
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Barclays analyst Saket Kalia has increased the price target for Varonis Systems from $60 to $65 while maintaining an Overweight rating. This suggests a positive outlook for the company's stock.
The increase in price target from $60 to $65 by Barclays, along with the maintained Overweight rating, indicates a positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100