• Needham analyst Mike Cikos reiterated a Buy rating on Varonis Systems (VRNS) and raised the price target from $36.00 to $40.00 (an 11.11% increase) on June 23, 2026.
  • The stock is trading 3.6% up at $33.90, outperforming a broadly weaker technology sector.
  • This upgrade comes despite a global tech sell-off, indicating analyst confidence in Varonis's performance.