Morgan Stanley analyst Keith Weiss lowered the firm’s price target on Varonis (VRNS) to $46 from $54 and keeps an Overweight rating on the shares. The firm is adjusting risk/rewards for a large number of software companies as it analyzes tariff risk uncertainty and what has already been priced into shares.
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Read More on VRNS:
- Varonis, Concentrix announce partnership to deliver data security for AI
- Jefferies survey shows momentum for Check Point, slowdown for Varonis
- Varonis price target lowered to $52 from $60 at Barclays
- Varonis price target lowered to $55 from $65 at RBC Capital
- Strong Buy Rating for Varonis Systems: Market Leadership and Growth Potential Drive Confidence
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