Varonis Systems (VRNS) Tops Q1 EPS by 7c, Offers Guidance

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Varonis Systems (VRNS) PT Raised to $40 at Stifel Following 1Q Beat

May 5, 2017 9:11 AM EDT

Stifel raised its price target on Varonis Systems (NASDAQ: VRNS) to $40.00 (from $36.00) while maintaining a Buy rating. VRNS reported 1Q total revenue of $40.4mn, beating the Street's estimate of $37.4mn. Non-GAAP EPS of ($0.23) came in ahead of ($0.29) estimates. The better than expected EPS... More