Saturday, January 23, 2021

Varonis Systems (VRNS) Stock Added 103% Last Year, Sees Better Prospects Ahead

Must read

PACCAR Inc (PCAR) Deal allows Aurora Autonomous Truck Validation

Aurora, a Silicon Valley-based autonomous driving startup with a $10 billion evaluation has entered a partnership with PACCAR Inc (PCAR),  to make light, medium...

Why Stratasys Ltd. (SSYS) Share Jumped over 12%?

The share price of Stratasys Ltd. (SSYS) jumped 12.53% to $35.84. A positive comment prompted the move, suggesting the company’s potential leadership in the...

Square (SQ) Will Continue To Grow?

The Square Inc. (SQ) payment network has been one of the winners of an accelerated transition to non-cash payments in the wake of the...

Social Network Snapchat (SNAP) Risen After Positive Review

A favorable opinion from analysts at MoffettNathanson was obtained by Snap Inc. (SNAP), which owns the social network Snapchat. The news was the driver...

Cyber security specialist Varonis Systems Inc. (VRNS) has recently been issued with a new outlook from Wall Street analysts. The demand for the company’s stock could improve on the news of another break-in.

Truist Securities analysts reiterated their “Buy” recommendation for shares in Varonis Systems and lifting the target price from $145 to $160.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


In recent days, the cybersecurity infrastructure market has been hit by a breach involving the software vendor SolarWinds for network management. As well as big commercial companies, the hack infected US government departments. The tech giant Microsoft Corporation (MSFT), admitted that its work was also impacted by the breach. That incident is likely to cause a strong demand for cybersecurity applications, and Varonis Systems will be one of the receivers. Truist Securities claims that in the area of security management, the firm has a good role and will benefit from the ability of companies and government departments to boost digital security spending.

Varonis Systems has reported that the US National Information Security Service (NIAP) has achieved certification according to standard requirements. Configuration with government guidelines for cybersecurity and IT devices used in national security applications is explicitly applied to by NIAP certification. When accredited, governments and national security agencies will rely on the solutions of Varonis Systems to secure highly sensitive data and track adversaries and insiders’ secret risks.

In the fourth quarter, Varonis Systems may record earnings above estimates, which range from $82 million to $85 million, according to Wall Street estimates. However, prior to a large-scale cyber attack, this prediction was made, so the estimate could be optimistic.

Varonis Systems, Inc. (VRNS) was stable at year-end session on Thursday with slight fall (-0.72%) to settle at $163.61. Over the week, stock suffered by roughly 4% decline while adding mjore than 103% over the past year.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

PACCAR Inc (PCAR) Deal allows Aurora Autonomous Truck Validation

Aurora, a Silicon Valley-based autonomous driving startup with a $10 billion evaluation has entered a partnership with PACCAR Inc (PCAR),  to make light, medium...

Why Stratasys Ltd. (SSYS) Share Jumped over 12%?

The share price of Stratasys Ltd. (SSYS) jumped 12.53% to $35.84. A positive comment prompted the move, suggesting the company’s potential leadership in the...

Square (SQ) Will Continue To Grow?

The Square Inc. (SQ) payment network has been one of the winners of an accelerated transition to non-cash payments in the wake of the...

Social Network Snapchat (SNAP) Risen After Positive Review

A favorable opinion from analysts at MoffettNathanson was obtained by Snap Inc. (SNAP), which owns the social network Snapchat. The news was the driver...

Norwegian Cruise Line (NCLH) Has Growth Opportunity This Year

The Norwegian Cruise Line Holdings Inc. (NCLH) cruise group was the most affected by the cancellation of cruises during the COVID-19 coronavirus, losing more...

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the Newsheater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.