Susquehanna raised the firm’s price target on Varonis (VRNS) to $65 from $55 and keeps a Positive rating on the shares. The firm said they reported a solid 2Q as the company continues to see good traction with its SaaS offering and was optimistic about potential upsell opportunities upon the completion of the SaaS transition.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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 $50 from $47 at DA Davidson
- Varonis Systems: Buy Rating Affirmed Amid Strong Q2 Performance and Strategic SaaS Transition
- Varonis price target raised to $62 from $60 at Barclays
- Varonis Systems: Strong Growth and SaaS Transition Justify Buy Rating
- Varonis Systems Reports Strong SaaS Growth in Q2 2025