UPDATE: Mimecast Limited (MIME) Swings to Q1 Profit

Go back to UPDATE: Mimecast Limited (MIME) Swings to Q1 Profit

Mimecast's (MIME) Price Target Raised to $16 at Dougherty

August 9, 2016 10:42 AM EDT

Dougherty & Co maintained a Buy rating on Mimecast Limited (NASDAQ: MIME) and raised its price target to $16.00 (from $12.00). Analyst Catharine Trebnick called Q1 results a "clean beat."

"Overall the print was broadly better than expected, and we believe there is still... More

Oppenheimer Remains Bullish on Mimecast Limited (MIME) Following Solid 1Q

August 9, 2016 8:17 AM EDT

Oppenheimer reiterated an Outperform rating and $15.00 price target on Mimecast Limited (NASDAQ: MIME) following the company's 1Q earnings report. MIME posted $0.04/$41M vs. the consensus LPS/revenue of ($0.04)/$39.9M. EBITDA came in at $1,9M, on a margin of 4.5%.

Analyst Shaul Eyal... More