Citi lowered the firm’s price target on VeriSign (VRSN) to $280 from $337 and keeps a Buy rating on the shares. The firm sees the post-earnings pullback as providing an attractive entry point. VeriSign’s fundamentals are intact with domain growth accelerating from AI tailwinds, the analyst tells investors in a research note.
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Read More on VRSN:
- Verisign’s New Dividend Policy Carries Uncertain Future and Potential Stock Price Risks
- Verisign Earnings Call Shows Durable Growth, Rising Payouts
- VeriSign sees FY26 revenue $1.72B-$1.74B, consensus $1.72B
- VeriSign reports Q4 EPS $2.23, consensus $2.28
- VeriSign raises quarterly dividend 5.2% to 81c per share
