Verint Systems (VRNT) PT Raiased to $70 at Imperial Capital Following Q3

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Go back to Verint Systems (VRNT) PT Raiased to $70 at Imperial Capital Following Q3

Verint Systems (VRNT) PT Raised to $67 at FBR Capital

December 4, 2014 9:00 AM EST

FBR Capital reiterated an Outperform rating and boosted its price target on Verint Systems (NASDAQ: VRNT) to $67.00 (from $64.00) following solid Q3 results after the close.

Analyst Daniel Ives comments, "Last night, December 3, Verint Systems posted solid F3Q (October) results as the company beat Street expectations on both the top and bottom lines, while also giving initial 2016 guidance that was generally in line with the Street. Ultimately we believe Verint's implied F4Q15 and initial FY16 guidance are conservative as management continues its "under promise... More