RBC Capital Markets disclosed Varonis Systems (NASDAQ:VRNS), boosting its price target to $39.00 earlier today
- Updated: February 12, 2017
Reporting a potential upside of 0.39%, RBC Capital Markets upped the price target of Varonis Systems (NASDAQ:VRNS) to $39.00
Having a price of $28.04, Varonis Systems (NASDAQ:VRNS) traded -2.26% lower on the day. With the last stock price down -1.62% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.06% over the same period. VRNS has recorded a 50-day average of $28.49 and a two hundred day average of $28.51. Trade Volume was up over the average, with 522,825 shares of VRNS changing hands over the typical 292,766
Recent Performance Chart
Varonis Systems has with a one year low of $16.08 and a one year high of $32.05 and has a market capitalization of $0.
A total of 9 brokerages have issued a ratings update on Varonis Systems. Three brokerages rating the company a strong buy, four brokerages rating the company a buy, three brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $23.89.
General Company Details For Varonis Systems (NASDAQ:VRNS)
Varonis Systems, Inc. (Varonis) provides a software platform that allows enterprises to analyze, secure, manage and utilize their unstructured data. The Company specializes in human-generated data, a type of unstructured data that includes an enterprise's spreadsheets, word processing documents, presentations, audio files, video files, e-mails, text messages and any other data created by employees. Its Metadata Framework is a technology platform that extracts metadata from an enterprise's information technology (IT) infrastructure and uses this information to map functional relationships among employees, data objects, content and usage. IT and business personnel deploy its software for a range of use cases, including data governance, data security, archiving, file synchronization, mobile data accessibility and information collaboration. Its products include DatAdvantage, DataPrivilege, Interface Data Unit Classification Framework, Data Transport Engine, DatAnywhere and DatAnswers.
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