Barclays analyst Saket Kalia reiterated a Buy rating on Varonis Systems (VRNS – Research Report) today and set a price target of $53.00. The company’s shares closed yesterday at $45.54.
According to TipRanks, Kalia is a 5-star analyst with an average return of 15.4% and a 61.43% success rate. Kalia covers the Technology sector, focusing on stocks such as Zscaler, Gen Digital, and PTC.
In addition to Barclays, Varonis Systems also received a Buy from Craig-Hallum’s Chad Bennett in a report issued yesterday. However, today, Jefferies maintained a Hold rating on Varonis Systems (NASDAQ: VRNS).
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The company has a one-year high of $47.29 and a one-year low of $22.34. Currently, Varonis Systems has an average volume of 1.29M.
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Varonis Systems (VRNS) Company Description:
Varonis Systems, Inc. engages in providing data security and analytics. It operates through the following segments: United States, EMEA, and Rest of the World. Its products includes datadvantage, data classification engine, data transport engine, Varonis edge, datanswers, datalert, dataprivilege, automation engine, and GDPR patterns. The company was founded by Yaki Faitelson and Ohad Korkus on November 3, 2004 and is headquartered in New York, NY.
Read More on VRNS:
- Varonis Announces Fourth Quarter and Full-Year 2023 Financial Results
- Varonis Introduces MDDR: Industry’s First Managed Data Detection and Response Offering
- VRNS Earnings this Week: How Will it Perform?
- Varonis announces universal data classification support for databases
- Varonis Announces Universal Data Classification Support for Databases
