Deutsche Bank Upgrades Verint Systems (VRNT) to Buy

June 13, 2007 8:15 AM EDT

Deutsche Bank upgrades Verint Systems (OTC: VRNT) from Hold to Buy and raises their price target from $32 to $40. The company will acquire competitor Witness Systems and the firm believes that the acquisition will benefit the company's revenue and cost synergies as well as the pricing power by the company.


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VRNT 22.25

+0.20 +0.91%
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