Varonis Systems (VRNS) PT Lowered to $29 at RBC Capital
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices 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
Varonis (VRNS) Crashes on Guidance Cut, 3 Analyst Downgrades After Disastrous Results
November 1, 2022 7:22 AM EDTShares of Varonis Systems (NASDAQ: VRNS) are down more than 30% in pre-open Tuesday after the data security company slashed its full-year guidance.
Varonis reported an in-line EPS of $0.06 for the third quarter while revenue missed the consensus by over $1 million after coming in at $123.3 million. Varonis also announced a $100 million share buyback authorization.
However, shares were hit by the slashed guidance. For this quarter, Varonis... More
Varonis Systems (VRNS) PT Lowered to $26 at Needham & Company
November 1, 2022 7:15 AM EDTNeedham & Company analyst Alex Henderson lowered the price target on Varonis Systems (NASDAQ: VRNS) to $26.00 (from $32.00) while maintaining a Buy rating following results.
The analyst commented, "Varonis shares are down 33% pre-market post their CY3Q print and sharply lowered CY4Q and... More
