Varonis Revenue Growth Spurs RBC, Needham Coverage

By | March 25, 2014

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The stock of software provider and recent tech IPO Varonis Systems (VRNS) was up 6% in midday trading in the stock market today, after RBC Capital Markets and Needham & Co. initiated coverage of the recent IPO with buy or equivalent ratings. The company provides software and services that help businesses and other enterprises map, analyze, manage and migrate their unstructured data. Varonis stock doubled in its debut Feb. 28, closing at 44 after Scalper1 News

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