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Fly News Breaks for November 4, 2016
VRNS
Nov 4, 2016 | 06:59 EDT
Brean Capital analyst Yun Kim said Varonis offers a compelling window of opportunity to be ahead of the next big growth story in the security software space. The analyst cited its license revenue, operating margins, its efficient sales cycle, and discount to peer valuation. Kim reiterated a Buy rating and raised the firm's price target to $40 from $35 on Varonis shares.
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