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Fly News Breaks for December 21, 2016
VRNS
Dec 21, 2016 | 07:36 EDT
Brean Capital analyst Yun Kim introduced Varonis as a favorite idea for 2017, citing strong secular trends around insider threat prevention and buyers having approved budgets to spend on ITP projects. Kim reiterated his Buy rating and $40 price target on Varonis shares, also noting its accelerating license revenue growth and high visibility in its sales process.
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