Mimecast Limited (MIME) Tops Q2 EPS by 7c
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Jefferies Raises Price Target on Mimecast Limited (MIME) to $29; Reiterates Buy
November 10, 2016 9:42 AM ESTJefferies reiterated a Buy rating on Mimecast Limited (NASDAQ: MIME), and raised the price target to $29.00 (from $25.00), following the company's 2Q earnings report. Non-GAAP EPS of $0.04 on revenues of $44.4M exceeded the consensus estimate of ($0.02) and $41.8M. FY17 revenue guidance of $177.5-179.4M implies... More
