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Fly News Breaks for June 4, 2015
VRNT
Jun 4, 2015 | 08:25 EDT
After Verint reported higher than expected Q1 EPS but lower than expected revenue, Oppenheimer says that the revenue would also have beaten expectations if not for foreign exchange fluctuations. The firm says that the results were strong, particularly since Q1 is typically the company's seasonally weakest quarter. Oppenheimer keeps a $70 price target and Outperform rating on the shares.
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