Form 8-K VARONIS SYSTEMS INC For: Jul 29

Go back to Form 8-K VARONIS SYSTEMS INC For: Jul 29

Varonis Systems (VRNS) PT Raised to $60 at FBN Securities

July 30, 2024 10:19 AM EDT

FBN Securities analyst Shebly Seyrafi raised the price target on Varonis Systems (NASDAQ: VRNS) to $60.00 (from $55.00) while maintaining a Outperform rating.

The analyst comments "We retain our Outperform rating on VRNS and raise our PT from $55 to $60 following better than expected FQ2 results in which revenue grew by 13% Y/Y... More

Varonis Systems (VRNS) PT Raised to $50 at Citi

July 30, 2024 7:28 AM EDT

Citi analyst Fatima Boolani raised the price target on Varonis Systems (NASDAQ: VRNS) to $50.00 (from $46.00) while maintaining a Neutral rating.

The analyst comments "ARR modestly accelerating to 18% YoY (best since 1Q23) and NNARR delivering the meatiest nominal beat 7Qs into the model transition,... More

Varonis Systems (VRNS) PT Raised to $65 at RBC Capital, 'remains a top SMID-cap idea'

July 30, 2024 6:23 AM EDT

RBC Capital analyst Matthew Hedberg raised the price target on Varonis Systems (NASDAQ: VRNS) to $65.00 (from $58.00) while maintaining a Outperform rating.

The analyst comments "Varonis delivered strong results as ARR growth accelerated to +18% which moved CY/24 guidance up across the board. The... More

Varonis Systems (VRNS) PT Raised to $59 at JPMorgan

July 30, 2024 5:10 AM EDT

JPMorgan analyst Brian Essex raised the price target on Varonis Systems (NASDAQ: VRNS) to $59.00 (from $54.00) while maintaining a Overweight rating.

The analyst comments "Another Solid Quarter of Execution. Varonis delivered another quarter of strong execution with better than expected Revenue, ARR, Profitability, and FCF. We recently upgraded the stock and placed it on Positive Catalyst Watch as we saw the AI premium taken out of the valuation with... More