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Imperial Capital Raises Price Target on Varonis Systems (VRNS) to $35 Following Strong 2Q
August 11, 2016 10:11 AM EDTImperial Capital reiterated an Outperform rating on Varonis Systems (NASDAQ: VRNS), and raised the price target to $35.00 (from $27.00), following the company's 2Q earnings report. VRNS reported revenues of $38.6mn and adjusted net loss per share of $0.12, compared with the Street's previous revenue estimates of 36.6mn... More
