Cyber-Security Stocks Push to Highs on Continued Widespread Internet Problems
- S&P 500 closes higher to secure strongest Q1 since 2019
- UBS sees 5 warnings signals on semiconductor chip stocks
- US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
- Reddit (RDDT) stock continues to slide as short-sellers eye stock
- Estée Lauder (EL) climbs as BofA upgrades to Buy on profit recovery expectations
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Kerrisdale Capital is short Microstrategy (MSTR), long bitcoin
- AMC Entertainment (AMC) Enters $250M ATM Agreement
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- Home Depot (HD) to Acquire SRS Distribution for $18.25B EV
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