There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Varonis Systems (VRNS – Research Report) and ON Semiconductor (ON – Research Report) with bullish sentiments.
Varonis Systems (VRNS)
TD Cowen analyst Shaul Eyal reiterated a Buy rating on Varonis Systems today and set a price target of $54.00. The company’s shares closed last Monday at $45.54, close to its 52-week high of $47.29.
According to TipRanks.com, Eyal is a top 25 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Varonis Systems with a $49.40 average price target, representing a 9.2% upside. In a report released today, Barclays also reiterated a Buy rating on the stock with a $53.00 price target.
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ON Semiconductor (ON)
Benchmark Co. analyst David Williams reiterated a Buy rating on ON Semiconductor today and set a price target of $88.00. The company’s shares closed last Monday at $77.59.
According to TipRanks.com, Williams is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for ON Semiconductor with a $89.21 average price target, representing a 18.0% upside. In a report issued on January 25, Wells Fargo also maintained a Buy rating on the stock with a $110.00 price target.
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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
