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Analysts Have Conflicting Sentiments on These Technology Companies: Udemy Inc (UDMY) and Varonis Systems (VRNS)

Analysts have been eager to weigh in on the Technology sector with new ratings on Udemy Inc (UDMYResearch Report) and Varonis Systems (VRNSResearch Report).

Udemy Inc (UDMY)

In a report released yesterday, Brett Knoblauch from Cantor Fitzgerald maintained a Buy rating on Udemy Inc, with a price target of $20.00. The company’s shares closed last Wednesday at $14.01.

According to TipRanks.com, Knoblauch is a 1-star analyst with an average return of -1.3% and a 50.3% success rate. Knoblauch covers the Technology sector, focusing on stocks such as CSG Systems International, Marti Technologies, and Sprout Social.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Udemy Inc with a $16.50 average price target, which is a 16.4% upside from current levels. In a report released today, Robert W. Baird also maintained a Buy rating on the stock with a $15.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Varonis Systems (VRNS)

In a report released today, Joseph Gallo from Jefferies maintained a Hold rating on Varonis Systems, with a price target of $50.00. The company’s shares closed last Wednesday at $49.92, close to its 52-week high of $52.30.

According to TipRanks.com, Gallo is a 4-star analyst with an average return of 18.0% and a 75.0% success rate. Gallo covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CyberArk Software.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Varonis Systems with a $51.83 average price target, implying a 5.5% upside from current levels. In a report issued on February 6, Citi also maintained a Hold rating on the stock with a $46.00 price target.

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