Baird raised the firm’s price target on VeriSign (VRSN) to $285 from $275 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results which showed a strong start to the year and optimism looking forward.
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Read More on VRSN:
- Verisign Reports Strong Q1 2025 Results with New Dividend
- Closing Bell Movers: Alphabet up 5% after earnings beat
- VeriSign raises FY25 revenue view to $1.635B-$1.65B from $1.615B-$1.635B
- VeriSign reports Q1 EPS $2.10, consensus $2.09
- Verisign’s Strong Market Position and Growth Potential Justify Buy Rating and Increased Target Price