VeriSign price target raised to $288 from $260 at Citi

Citi raised the firm’s price target on VeriSign (VRSN) to $288 from $260 and keeps a Buy rating on the shares. The firm raised its Q1 domain name estimate to align with better-than-expected domain growth and flow this improvement through FY25, the analyst tells investors in a preview. The analyst, who expects management to raise guidance, but still expects “conservatism,” calls VeriSign “the most defensive stock within our coverage with little direct tariff exposure.”