TD Cowen analyst Shaul Eyal raised the firm’s price target on Varonis (VRNS) to $68 from $62 and keeps a Buy rating on the shares. The firm previewed its Q3 results where they believe demand trends remained strong but leave their estimates unchanged as they await management’s details around anticipated revenue synergies from the integration of SlashNext, giving the company a foothold in the $5.2B email security market.
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 Systems: Strong Growth and Strategic Acquisitions Drive Buy Rating
- Varonis launches its AI identity protection for Salesforce Agentforce
- Varonis price target raised to $55 from $50 at DA Davidson
- Varonis price target raised to $70 from $62 at Barclays
- Varonis announces the availability of Varonis Interceptor
