Proofpoint (PFPT) PT Raised to $80 at Summit Research

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Imperial Capital Raises Price Target on Proofpoint, Inc. (PFPT) to $65 Following 2Q Results

July 27, 2015 7:25 AM EDT

Imperial 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, Inc. (PFPT) Reports In-Line Q2 EPS

July 23, 2015 4:12 PM EDT

Proofpoint, Inc. (NASDAQ: PFPT) reported Q2 EPS of ($0.09), in-line with the analyst estimates. Revenue for the quarter came in at $63.5 million versus the consensus estimate of $60.91 million.

Proofpoint, Inc. sees Q3 2015 EPS of ($0.12)-($0.11), Q3 2015 revenue of $65-66 million. Management sees FY2015 revenue of... More