UPDATE: Varonis Systems (VRNS) Tops Q4 EPS by 20c, Revenues Beat; Offers Q1 & FY19 Revenue Guidance Below Consensus, FY19 EPS Views Below Consensus
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- SpaceX extends losses after $600 billion wipeout, tech stocks slide again
- Oil steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Needham & Company Reiterates Buy as Varonis Systems (VRNS) Transitions to SaaS Model
February 12, 2019 7:32 AM ESTNeedham & Company analyst, Alex Henderson, reiterated a Buy rating and $90.00 price target on Varonis Systems (NASDAQ: VRNS). Henderson believes that the value of Varonis just increased substantially with the announced transition to an SaaS model. This was totally unexpected.
The CY19 Revenue guide of... More
Varonis Systems (VRNS) PT Lowered to $65 at RBC Capital; Results Overshadowed by Model Change
February 12, 2019 7:19 AM ESTRBC Capital analyst Matthew Hedberg lowered the price target on Varonis Systems (NASDAQ: VRNS) to $65.00 (from $80.00) while maintaining a Outperform rating.
"Results were overshadowed by the announcement of a subscription transition, which along with conservatism, led to a reduced outlook," Hedberg commented.... More
Varonis Systems (VRNS) PT Lowered to $55 at Wedbush
February 12, 2019 7:17 AM ESTWedbush analyst Daniel Ives lowered the price target on Varonis Systems (NASDAQ: VRNS) to $55.00 (from $68.00) while maintaining a Neutral rating.
Ives said the sudden switch to a subscription model will be a shock to the Street.
... MoreCraig-Hallum Downgrades Varonis Systems (VRNS) to Hold
February 12, 2019 7:14 AM ESTCraig-Hallum analyst Chad Bennet downgraded Varonis Systems (NASDAQ: VRNS) from Buy to Hold with a price target of $62.00.
For an analyst ratings summary and ratings history on Varonis Systems click here. For more ratings news on Varonis Systems click here.
Shares of Varonis Systems closed at $48.21 yesterday.
... MoreBenchmark Downgrades Varonis Systems (VRNS) to Hold
February 12, 2019 6:17 AM ESTBenchmark analyst Mark Schappel downgraded Varonis Systems (NASDAQ: VRNS) from Buy to Hold.
The analyst steps aside until visibility improves.
For an analyst ratings summary and ratings history on Varonis Systems click here. For more ratings news on Varonis Systems click here.
Shares of Varonis Systems closed at $49.88 yesterday.
... More