Piper Sandler Maintains Neutral on Varonis Systems, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Rob Owens maintains a Neutral rating on Varonis Systems (NASDAQ:VRNS) and raises the price target from $48 to $55.
October 30, 2024 | 4:30 pm
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Piper Sandler has maintained a Neutral rating on Varonis Systems but increased the price target from $48 to $55, indicating a positive outlook.
The increase in price target from $48 to $55 suggests a positive outlook for Varonis Systems, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100