N@N

Erik Suppiger Reiterated (VRNS) at Buy and Held Target at $63 on, Feb 7th, 2023

Erik Suppiger of JMP Securities, Reiterated "Varonis Systems, Inc." (VRNS) at Buy and Held Target at $63 on, Feb 7th, 2023.

Erik has made no other calls on VRNS in the last 4 months.

There are 11 other peers that have a rating on VRNS. Out of the 11 peers that are also analyzing VRNS, 7 agree with Erik's Rating of Hold. Following are those relevant analyst calls for the last 4 months

---

• Alex Henderson of "Needham" Downgraded from Strong Buy to Hold on, Thursday, February 2nd, 2023
• Shrenik Kothari of "Baird" Downgraded from Buy to Hold and Held Target at $30 on, Monday, January 30th, 2023
• Saket Kalia of "Barclays" Maintained at Hold with Increased Target to $26 on, Wednesday, January 11th, 2023
• Joseph Gallo of "Jefferies" Downgraded from Strong Buy to Hold and Decreased Target to $26 on, Thursday, January 5th, 2023
• Chad Bennett of "Craig-Hallum" Downgraded from Strong Buy to Hold and Decreased Target to $22 on, Tuesday, November 1st, 2022
• Daniel Ives of "Wedbush" Downgraded from Buy to Hold and Decreased Target to $20 on, Tuesday, November 1st, 2022
• Fatima Boolani of "Citigroup" Downgraded from Strong Buy to Hold and Held Target at $21 on, Tuesday, November 1st, 2022

These are the ratings of the 4 analyists that currently disagree with Erik

---

• Brian Essex of "JP Morgan" Initiated at Sell and Held Target at $25 on, Tuesday, January 24th, 2023
• Matthew Hedberg of "RBC Capital" Maintained at Buy with Decreased Target to $29 on, Tuesday, November 1st, 2022
• Shaul Eyal of "Cowen & Co." Maintained at Buy with Decreased Target to $35 on, Tuesday, November 1st, 2022
• Joel Fishbein of "Truist Securities" Maintained at Strong Buy with Decreased Target to $40 on, Tuesday, November 1st, 2022

Contributing Sources

---