Proofpoint (PFPT) Tops Q1 EPS by 5c, FY Guidance Tops Views
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Imperial Capital Raises Price Target on Proofpoint (PFPT) Following Solid 1Q Results
April 25, 2016 7:05 AM EDTImperial Capital reiterated an Outperform rating on Proofpoint (NASDAQ: PFPT), and raised the price target to $69.00 (from $68.00), following the company's 1Q earnings report. PFPT reported revenue of $79.0mn and adjusted EPS loss was $0.09, compared with Street revenue estimates of $76.3mn and adjusted EPS loss estimates $0.14.... More
Wedbush Raises Price Target on Proofpoint (PFPT) Following Solid 1Q Report
April 22, 2016 7:53 AM EDTWedbush maintained an Outperform rating on Proofpoint (NASDAQ: PFPT), and raised the price target to $78.00 (from $77.00), following the company's 1Q earnings report. PFPT reported a $3M revenue beat; $0.05 non-GAAP EPS beat; and a $6M billings beat. Wedbush attributes the strong 1Q performance to TAP,... More
