Varonis Systems Inc (NASDAQ:VRNS) stock price target increased to $34.00, issued a research note today by Zacks Investment Research
- Updated: October 6, 2016
Yesterday Varonis Systems Inc (NASDAQ:VRNS) traded -2.39% lower at $29.43. The company’s 50-day moving average is $29.34 and its 200-day moving average is $24.49. The last stock close price is up 20.28% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 22,792 shares of the stock were exchanged, down from an average trading volume of 153,705
In a statement issued on 10/06/2016 Zacks Investment Research upped the price target of Varonis Systems Inc (NASDAQ:VRNS) to $34.00 reporting a potential upside of 0.16%.
Previously on 8/12/2016, Imperial Capital reported about Varonis Systems Inc (NASDAQ:VRNS) raised the target price from $27.00 to $35.00. At the time, this indicated a possible upside of 0.28%.
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Varonis Systems Inc has a 52 week low of $13.25 and a 52 week high of $30.63 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 9 firms have issued a report on the stock. The consensus target price is $23.89 with 3 firms rating the stock a strong buy, 4 firms rating the stock a buy, 3 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About 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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