Proofpoint (PFPT) PT Raised to $135 at Needham & Company
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Price: $175.90 --0%
Rating Summary:
23 Buy, 15 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 4 | Down: 8 | New: 8
Rating Summary:
23 Buy, 15 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 4 | Down: 8 | New: 8
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Needham & Company analyst Alex Henderson raised the price target on Proofpoint (NASDAQ: PFPT) to $135.00 (from $130.00) while maintaining a Buy rating after meeting with management.
Needham & Company believes that ProofPoint has done a good job of expanding its product suite enabling add-on feature subscriptions. Henderson thinks ProofPoint should be a core holding for investors in Security.
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