Imperial Capital Re-Starts Verint Systems (VRNT) at Outperform

April 3, 2013 10:16 AM EDT
Get Alerts VRNT Hot Sheet
Price: $37.20 -0.67%

Rating Summary:
    4 Buy, 3 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 22 | New: 54
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Imperial Capital re-initiates coverage on Verint Systems (NASDAQ: VRNT) with a Outperform rating and $41 price target.

The firm comments, "Verint is a leading provider of enterprise security and intelligence services, an expert in enabling clients to capture, analyze and act on large volumes of complex and often underused information sources – such as voice, video and unstructured text. Following its buyout of majority owner Comverse, and an analog-to-digital transition in video which is finally beginning to run its course into mainly digital, we believe the company can now focus on its core competencies in intelligence, and return to high single-digit revenue growth and double digit EPS and EBITDA growth on expanding value-added and margins to customers."

For an analyst ratings summary and ratings history on Verint Systems click here. For more ratings news on Verint Systems click here.

Shares of Verint Systems closed at $35.56 yesterday.

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