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Fly News Breaks for March 30, 2016
VRNT
Mar 30, 2016 | 07:58 EDT
As previously reported, Credit Suisse downgraded Verint to Underperform from Neutral and lowered its price target to $29 from $45. Analyst Michael Nemeroff said the Q4 miss and 2017 guidance was worse than expected and said the company lacks near-term catalysts to drive shares higher.
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