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Oppenheimer Raises Price Target on Imperva (IMPV) to $75 Ahead of 2Q15 Results

August 5, 2015 7:01 AM EDT

Oppenheimer reiterated an Outperform rating on Imperva (NYSE: IMPV), and raised the price target to $75.00 (from $58.00), ahead of 2Q15 results. Analyst Shaul Eyal believes IMPV saw solid demand across all product and geographic regions. Oppenheimer raised revenue/EPS estimates to $48.7M/($0.22) from $48.2M/($0.22), going above... More