Varonis Systems Inc (NASDAQ:VRNS) has been downgraded to Hold in a report by Zacks Investment Research earlier today.
- Updated: October 12, 2016
Zacks Investment Research has downgraded Varonis Systems Inc (NASDAQ:VRNS) to Hold in a statement released on Wednesday October 12, 2016.
On 10/06/2016, Zacks Investment Research released a statement on Varonis Systems Inc (NASDAQ:VRNS) upped the target price from $0.00 to $34.00 that suggested an upside of 0.16%.
Having a price of $29.27, Varonis Systems Inc (NASDAQ:VRNS) traded -1.13% lower on the day. With the last close up 16.02% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. VRNS has recorded a 50-day average of $29.55 and a two hundred day average of $24.82. Trade Volume was down over the average, with 37,915 shares of VRNS changing hands under the typical 151,065
Recent Performance Chart
Varonis Systems Inc has with a one year low of $13.25 and a one year high of $30.90 and has a market capitalization of $0.
A total of 9 analysts have released a report on Varonis Systems Inc. Three analysts rating the company a strong buy, four analysts rating the company a buy, three analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $23.89.
General Company Details For Varonis Systems Inc (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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