Susquehanna initiated coverage of Varonis with a Positive rating and $55 price target. Within the broader software universe, the firm is “bullish” on the cybersecurity software space as it see cyber budgets and use cases continuing to grow given “an ever-evolving threat landscape, internal and external innovation, and requirements from both regulators and insurers,” the analyst tells investors.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on VRNS:
- Varonis Announces Data Security Platform on Salesforce AppExchange
- Varonis launches Data Security Platform on Salesforce AppExchange
- Varonis price target raised by $13 at JPMorgan, here’s why
- Varonis price target raised by $5 at Piper Sandler, here’s why
- Varonis Adds PCI DSS and HIPAA Compliance to its Growing List of Certifications