These Analysts Raise Their Forecasts On VeriSign After Strong Q1 Results
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VeriSign, Inc (NASDAQ:VRSN) reported strong Q1 earnings, with earnings of $2.34 per share and sales of $428.9 million, both exceeding analyst expectations. The company raised its FY2026 sales guidance to $1.730 billion-$1.745 billion. Despite the positive results, shares fell 5.3% to $262.27. Analysts from Baird and JP Morgan adjusted their price targets, with Baird raising it to $355 and JP Morgan to $278, maintaining their ratings of Outperform and Neutral, respectively.
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