Varonis Systems (VRNS) Prices 2.3M Share Upsized Follow-On Offering at $195/Sh

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Varonis Systems (VRNS) Announces Proposed $400M Follow-on Offering of Common Stock

February 9, 2021 4:54 PM EST

Varonis Systems, Inc. (Nasdaq: VRNS) (Varonis) today announced the launch of an underwritten public offering of $400.0 million of shares of its common stock. Varonis expects to grant the underwriters of the offering a 30-day option to purchase up to $60.0 million of additional shares of... More

Varonis Systems (VRNS) PT Raised to $225 at Jefferies

February 9, 2021 7:53 AM EST

Jefferies analyst Brent Thill raised the price target on Varonis Systems (NASDAQ: VRNS) to $225.00 (from $205.00) while maintaining a Buy rating.

The analyst commented, "4Q rev beat the Street by >14% while profitability was also better. 2021 rev guidance was above cons. and implies... More

Varonis Systems (VRNS) PT Raised to $200 at Piper Sandler

February 9, 2021 7:43 AM EST

Piper Sandler analyst Rob Owens raised the price target on Varonis Systems (NASDAQ: VRNS) to $200.00 (from $180.00) while maintaining a Overweight rating.... More

Varonis Systems (VRNS) PT Raised to 'Street High' $240 at Wedbush

February 9, 2021 7:38 AM EST

Wedbush analyst Daniel Ives raised the price target on Varonis Systems (NASDAQ: VRNS) to a "Street High" $240.00 (from $190.00) while maintaining an Outperform rating following results.

The analyst commented, "The Varonis subscription/ARR transition has been a Cinderella story over the... More

UPDATE: Varonis Systems (VRNS) PT Raised to $220 at Oppenheimer (CORRECTION)

February 9, 2021 7:10 AM EST

(Updated - February 9, 2021 8:51 AM EST)

Oppenheimer analyst Shaul Eyal raised the price target on Varonis Systems (NASDAQ: VRNS) to $220.00 (from $148.00) while maintaining an Outperform rating following results.

The analyst commented, "VRNS reported strong 4Q20 with revenues of $95.2M handily... More

Varonis Systems (VRNS) PT Raised to $220 at Truist Securities

February 9, 2021 7:09 AM EST

Truist Securities raised its price target on Varonis Systems (NASDAQ: VRNS) to $220.00 (from $205.00) while maintaining a Buy rating.... More

Varonis Systems (VRNS) PT Raised to $215 at RBC Capital

February 9, 2021 6:12 AM EST

RBC Capital analyst Matthew Hedberg raised the price target on Varonis Systems (NASDAQ: VRNS) to $215.00 (from $200.00) while maintaining a Outperform rating.... More

Varonis Systems (VRNS) PT Raised to $191 at Barclays

February 9, 2021 5:11 AM EST

Barclays analyst Saket Kalia raised the price target on Varonis Systems (NASDAQ: VRNS) to $191.00 (from $175.00) while maintaining a Equalweight rating.... More

Varonis Systems (VRNS) PT Raised to $218 at JMP Securities

February 9, 2021 1:56 AM EST

JMP Securities analyst Erik Suppiger raised the price target on Varonis Systems (NASDAQ: VRNS) to $218.00 (from $200.00) while maintaining a Market Outperform rating.... More