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Analysts Offer Insights on Technology Companies: Varonis Systems (VRNS) and InterDigital (IDCC)

Tipranks - Tipranks - Thu Jun 4, 4:44AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Varonis Systems (VRNS) and InterDigital (IDCC).

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Varonis Systems (VRNS)

In a report released today, Jason Ader from William Blair maintained a Hold rating on Varonis Systems. The company’s shares closed last Tuesday at $35.88.

According to TipRanks.com, Ader is a 4-star analyst with an average return of 6.4% and a 48.8% success rate. Ader covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, Rubrik, Inc. Class A, and CommVault Systems. ;'>

Varonis Systems has an analyst consensus of Strong Buy, with a price target consensus of $36.65, representing a 6.1% upside. In a report issued on May 26, KeyBanc also initiated coverage with a Hold rating on the stock.

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InterDigital (IDCC)

William Blair analyst Arjun Bhatia maintained a Buy rating on InterDigital today. The company’s shares closed last Tuesday at $259.00.

According to TipRanks.com, Bhatia is a 2-star analyst with an average return of 0.4% and a 45.0% success rate. Bhatia covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Zoom Video Communications, and Klaviyo, Inc. Class A. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for InterDigital.

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