Baird analyst Shrenik Kothari raised the firm’s price target on Varonis (VRNS) to $62 from $60 and keeps an Outperform rating on the shares. The firm said facing easy ARR/top-line comps in Q3, the company appears well-positioned heading into the print, supported by solid checks pointing to SaaS momentum and a strong conversion pipeline going into 4Q/FY25.
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