Varonis price target raised to $59 from $53 at JPMorgan

JPMorgan raised the firm’s price target on Varonis (VRNS) to $59 from $53 and keeps an Overweight rating on the shares as part of a security software earnings preview. Demand remained relatively healthy for high priority budget categories, with identity and data security increasing in priority, the analyst tells investors in a research note. The firm established 2026 based price targets across its coverage for those that have not yet been updated.