Proofpoint Announces Strong Third Quarter 2015 Financial Results

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Wedbush Raises Price Target on Proofpoint, Inc. (PFPT) Following 3Q Results

October 22, 2015 7:53 AM EDT

Wedbush reiterated an Outperform rating on Proofpoint (NASDAQ: PFPT), and raised the price target to $82.00 (from $80.00), following the company's 3Q15 earnings results.

Analyst Steve Koenig commented, "PFPTs 3Q results and guidance are best described by superlatives. However, a simple recitation of... More