Proofpoint (PFPT) Enters Agreement to Acquire Cloud Security Provider FireLayers
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/24/2024
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Forward Air (FWRD) Appoints Shawn Stewart as CEO
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Imperial Capital Raises Price Target on Proofpoint (PFPT) Following Strong 3Q Results
October 21, 2016 1:13 PM EDTImperial Capital reiterated an Outperform rating on Proofpoint (NASDAQ: PFPT), and raised the price target to $85.00 (from $83.00), following the company's 3Q earnings report. PFPT reported revenue of $99.8mn and adjusted EPS of $0.19, exceeding Street revenue estimates of 94.3mn and adjusted EPS estimates of 0.05. Billings grew approximately 40% yoy to $124.8mn, above previous guidance of... More
Proofpoint (PFPT) Still the Name to Own Following Q3 Results; BTIG Affirms at 'Buy'
October 21, 2016 7:42 AM EDTBTIG affirms Proofpoint (Nasdaq: PFPT) at Buy with a price target of $32 following solid Q3 results on Thursday night.
Analyst Joel P. Fishbein commented today: Proofpoint posted another strong beat and raise quarter. All metrics beat across the board and revenue was... More
Needham & Company Reiterates Buy on Proofpoint (PFPT) Following Strong 3Q
October 21, 2016 7:14 AM EDTNeedham & Company reiterated a Buy rating and $88.00 price target on Proofpoint (NASDAQ: PFPT) following the company's 3Q earnings report. PFPTs $99.8m FCF and $0.19 EPS were well above the consensus estimates of $94.3m and $0.05. Billings of 125m were well ahead of $116m consensus. PFPT expects to be consistently profitable in CY17, which will up... More
Proofpoint (PFPT) PT Raised to $90 at Nomura on Solid Q3
October 21, 2016 6:57 AM EDTNomura Securities analyst Frederick Grieb reiterated a Buy rating and lifted his price target on Proofpoint (NASDAQ: PFPT) to $90.00 (from $84.00) following Q3 results.
Grieb commented, "Proofpoint reported 3Q'16 billings of $124.8mn, 8% above the Street estimate of $115.6mn and up 47% yoy (+40% yoy, adjusted for early... More
Proofpoint (PFPT) Tops Q3 EPS by 14c; Guides Above the Street
October 20, 2016 4:13 PM EDTProofpoint (NASDAQ: PFPT) reported Q3 EPS of $0.19, $0.14 better than the analyst estimate of $0.05. Revenue for the quarter came in at $99.8 million versus the consensus estimate of $94.27 million.
GUIDANCE:
Proofpoint sees Q4 2016 EPS of $0.10-$0.14, versus the consensus of $0.06. Proofpoint sees Q4... More
