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Fly News Breaks for November 5, 2015
VRNS
Nov 5, 2015 | 19:44 EDT
Summit Research's Srini Nandury believes Varonis reported a "solid" quarter with continued improvement in execution, along with in-line guidance. Nandury sees Varonis as a "core holding for long term investors" as the company intersects the enterprise security and storage spaces, a space in which he believes Varonis will be a dominant player. Nandury reiterates a Buy rating and $35 price target on Varonis shares.
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