Wells Fargo raised the firm’s price target on Varonis (VRNS) to $51 from $46 and keeps an Equal Weight rating on the shares. Varonis is scheduled to report Q2 results on Tuesday, and the firm believes the Data Protection market is heating up on the heels of Agentic AI rollouts, which should benefit Varonis longer term.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VRNS:
- Varonis price target raised to $60 from $54 at Barclays
- Varonis Systems Positioned for Long-Term Growth with Strategic Partnerships and AI Integration
- Varonis announces strategic partnership with Microsoft
- Varonis price target raised to $59 from $53 at JPMorgan
- Varonis announces integrate with ChatGPT Enterprise