Varonis Systems (VRNS) Tops Q4 EPS by 3c

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Varonis Systems (VRNS) PT Raised to $37 at Jefferies Following Solid 4Q

February 9, 2017 7:00 AM EST

Jefferies raised its price target on Varonis Systems (NASDAQ: VRNS) to $37.00 (from $36.00) while maintaining a Buy rating. Non-GAAP EPS of $0.24 on total revenue of $54.4M and license of $34.7M compared favorably with consensus of $0.21, $53.3M, and $33.7M.

Analyst John DiFucci commented, "VRNS... More