Varonis: Speculation about Billion-Dollar Acquisition Causes Price Jump!
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Takeover speculation: According to a newspaper report, the private equity firm Thoma Bravo is planning to acquire the cybersecurity company through its subsidiary Proofpoint. Analyst Upgrade: Needham analyst Mike Cikos reaffirms his buy recommendation and raises the target price to $55. Accumulation: Following excellent quarterly results and amid M&A rumors, trading volume surged massively, bringing the stock into technical focus. A mix of strong quarterly figures and enticing acquisition rumors is currently drawing significant attention...
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