Varonis Systems (VRNS) Tops Q1 EPS by 10c; Issues Strong FY16 Outlook
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Jefferies Raises Price Target on Varonis Systems (VRNS) Following Strong 1Q Results
May 5, 2016 9:55 AM EDTJefferies reiterated a Buy rating on Varonis Systems (NASDAQ: VRNS), and raised the price target to $26.00 (from $25.00), following the company's 1Q earnings report. VRNS reported a Non-GAAP EPS of ($0.29) on revenue of $30.5M and license of $13.8M. These metrics compared favorably with consensus estimates of... More
