Proofpoint, Inc. (PFPT) Reports In-Line Q2 EPS
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Imperial Capital Raises Price Target on Proofpoint, Inc. (PFPT) to $65 Following 2Q Results
July 27, 2015 7:25 AM EDTImperial Capital reiterated an In-Line rating on Proofpoint (NASDAQ: PFPT), and raised the price target to $65.00 (from $60.00), following 2Q15 results. PFPT reported revenues of $63.5mn, exceeding Street estimates of $60.8mn. Adjusted EPS loss was $0.09 (in-line with Street estimates.
Analyst Michael Kim... More
Proofpoint (PFPT) PT Raised to $80 at Summit Research
July 24, 2015 9:09 AM EDTSummit Research analyst Srini Nandury reiterated a Buy rating and boosted its price target on Proofpoint (NASDAQ: PFPT) to $80.00 (from $70.00) following a solid beat and raise quarter.
Nandury commented, "Proofpoint reported a solid quarter with revenues and billings coming ahead of guidance and consensus driven by solid demand for its advanced threat protection products, upsell/cross sell of additional products (half of the... More
