Proofpoint Delivers Threat Context into Splunk Software

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Wedbush Reiterates Outperform on Proofpoint (PFPT) Following Investor Day

June 9, 2016 8:35 AM EDT

Wedbush reiterated an Outperform rating and $78.00 price target on Proofpoint (NASDAQ: PFPT) following the company's investor day in San Francisco. Management highlighted new partnerships with Splunk, Imperva, and CyberArk. The company also introduced 2020 operating targets wit expectations for $1.0B in revenue, 13 - 15%... More