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Fly News Breaks for January 7, 2020
TUFN
Jan 7, 2020 | 06:05 EDT
Piper Sandler analyst Rob Owens assumed coverage of Tufin with a Neutral rating and $20 price target. While the company offers an extensible solution positioned well for the growing security challenges facing enterprises, its revenue growth rate combined with a likely downturn in the firewall market leaves little confidence for a price increase, Owens tells investors in a research note.
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