Varonis to Present at the 2016 RBC Capital Markets Technology, Internet, Media and Telecommunications Conference

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Go back to Varonis to Present at the 2016 RBC Capital Markets Technology, Internet, Media and Telecommunications Conference

Jefferies Raises Price Target on Varonis Systems (VRNS) to $36 Following 3Q Beat

November 4, 2016 10:34 AM EDT

Jefferies reiterated a Buy rating on Varonis Systems (NASDAQ: VRNS), and raised the price target to $36.00 (from $34.00), following the company's 3Q earnings report. Non-GAAP EPS of ($0.03) on total revenue of $40.9M and compared favorably with consensus of ($0.11), and $38.6M.

Analyst John DiFucci commented, "VRNS... More