Varonis Systems (VRNS) stock jumps 8% as Cantor trims target, SaaS shift back in focus
New York, Jan 7, 2026, 12:53 EST — Regular session Varonis Systems (VRNS) shares jumped 8.3% to $36.06 by 12:53 EST on Wednesday, after touching $36.49 earlier in the session. The stock closed at $33.30 on Tuesday. The move lands as the Nasdaq was up about 0.7% and investors showed a steadier appetite for risk across tech. Varonis sells data security software that scans, classifies and monitors access to sensitive data across cloud and on-prem systems. Reuters Cantor Fitzgerald on Wednesday cut its price target on Varonis to $50 from $60 but kept an Overweight rating, tying the new target