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Fly News Breaks for August 10, 2016
VRNS
Aug 10, 2016 | 08:11 EDT
RBC Capital analyst Matthew Hedberg increased his price target on Varonis as he believes that the company reported "very strong" results. The analyst says that the strength of the results was "broad-based," while its guidance is "appropriately conservative." The analyst keeps an Outperform rating on the shares.
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