UBS analyst Roger Boyd lowered the firm’s price target on Varonis (VRNS) to $30 from $60 and keeps a Buy rating on the shares. Even with the conservative outlook, Varonis is still a high-teens growth story, the analyst tells investors in a research note.
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Read More on VRNS:
- Varonis price target lowered to $30 from $41 at RBC Capital
- Balancing SaaS Momentum and Legacy Headwinds: Why Varonis Remains a Buy with a Lowered $30 Target
- Varonis price target lowered to $27 from $41 at Morgan Stanley
- Varonis price target lowered to $32 from $42 at Baird
- Varonis price target lowered to $30 from $55 at Needham
