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Fly News Breaks for January 9, 2020
TUFN
Jan 9, 2020 | 08:44 EDT
Oppenheimer analyst Shaul Eyal lowered his price target for Tufin to $20 from $35 as the company pre-announces revenue shortfall due to delayed deals closing. While the revenue shortfall is disappointing and raises concerns about market dynamics, the analyst views it as mostly self-inflicted. He reiterates an Outperform rating on the shares as the shortfall could prove transitory.
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