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Fly News Breaks for May 1, 2018
VRNS
May 1, 2018 | 12:57 EDT
Imperial Capital analyst Michael Kim raised his price target for Varonis Systems to $77 after the company posted Q1 results above his estimates. The company remains well positioned to benefit from broadening compliance into Europe's General Data Protection Regulation, while cloud migrations represent another key growth driver, Kim tells investors in a post-earnings research note. He keeps an Outperform rating on Varonis.
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