Varonis Systems (VRNS) Tops Q3 EPS by 19c, Revenues Beat; Offers 4Q EPS/Revenue Guidance Above Consensus

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Go back to Varonis Systems (VRNS) Tops Q3 EPS by 19c, Revenues Beat; Offers 4Q EPS/Revenue Guidance Above Consensus

Varonis Systems (VRNS) PT Raised to $148 at Oppenheimer Following Q3 Beat

October 27, 2020 7:16 AM EDT

Oppenheimer analyst Shaul Eyal raised the price target on Varonis Systems (NASDAQ: VRNS) to $148.00 (from $125.00) while maintaining an Outperform rating.

The analyst commented, "VRNS's 3Q20 revenue of $76.8M swiftly beat the top end of guidance at $71M and consensus' $69.9M estimate while EPS... More