DA Davidson Forecast 15%-20% ARR Growth For Varonis Systems, Inc. (VRNS) with Margin Rebound by 2027
We recently compiled a list of the 15 Best Strong Buy Tech Stocks to Invest In. The next stock on our list of best tech stocks is Varonis Systems, Inc. TheFly reported on February 5 that DA Davidson analyst Rudy Kessinger upgraded VRNS from Neutral to Buy and raised the price target to $30 from $25. The firm highlighted the company’s strong software-as-a-service annual recurring revenue growth, excluding conversions, and noted that guidance of 18%-20% leaves room for upside. DA Davidson expects VRNS to ac ...