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Piper Jaffray Raised The Price Target on Proofpoint (PFPT) Following Analyst Day
June 5, 2015 8:07 AM EDTPiper Jaffray Maintains an Overweight rating on Proofpoint (NASDAQ: PFPT), and raised the price target to $75.00 (from $65.00), following an annual analyst day. Analyst Andrew Nowinski believes that PFPT has arguably the most sustainable business model in the industry.
Nowinski commented, "We attended... More
