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Morgan Stanley upgraded Varonis Systems Inc (NASDAQ:VRNS) to Equal Weight in a report released today.

Boasting a price of $35.95, Varonis Systems Inc (NASDAQ:VRNS) traded -1.63% lower on the day. With the last stock price close up 12.68% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Varonis Systems Inc has recorded a 50-day average of $38.18 and a two hundred day average of $34.88. Volume of trade was up over the average, with 1,095,403 shares of VRNS changing hands over the typical 262,559

Morgan Stanley has upgraded Varonis Systems Inc (NASDAQ:VRNS) to Equal Weight in a statement released on 06/21/2017.

Performance Chart

Varonis Systems Inc (NASDAQ:VRNS)

With a total market value of $0, Varonis Systems Inc has with a one year low of $24.45 and a one year high of $40.15 .

A total of 9 equity analysts have released a ratings update on VRNS. Three equity analysts rating the company a strong buy, four equity analysts rating the company a buy, three equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $23.89.

Brief Synopsis About Varonis Systems Inc (NASDAQ:VRNS)

Varonis Systems, Inc. provides a solutions that protect data from insider threats and cyberattacks. The Company's products include DatAdvantage, DataPrivilege, Interface Data Unit Classification Framework, Data Transport Engine, DatAnywhere and DatAnswers. Its platform allows enterprises to analyze, secure, manage and migrate volumes of unstructured data. It specializes in file and e-mail systems that store valuable spreadsheets, word processing documents, presentations, audio and video files, e-mails and text. Its Metadata Framework is a technology platform that extracts metadata from an enterprise's information technology (IT) infrastructure. Data often includes an enterprise's financial information, intellectual property, and confidential employee, customer or patient records. IT and business personnel deploy its software for a range of use cases, including data security, governance and compliance, user behavior analytics, archiving, search, and file synchronization and sharing.

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