Proofpoint (PFPT): Separating From The Pack - Wedbush
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Imperial Capital Raises Price Target on Proofpoint (PFPT) Following Strong 3Q Results
October 21, 2016 1:13 PM EDTImperial Capital reiterated an Outperform rating on Proofpoint (NASDAQ: PFPT), and raised the price target to $85.00 (from $83.00), following the company's 3Q earnings report. PFPT reported revenue of $99.8mn and adjusted EPS of $0.19, exceeding Street revenue estimates of 94.3mn and adjusted EPS estimates of 0.05. Billings grew approximately 40% yoy to $124.8mn, above previous guidance of... More
Proofpoint (PFPT) Still the Name to Own Following Q3 Results; BTIG Affirms at 'Buy'
October 21, 2016 7:42 AM EDTBTIG affirms Proofpoint (Nasdaq: PFPT) at Buy with a price target of $32 following solid Q3 results on Thursday night.
Analyst Joel P. Fishbein commented today: Proofpoint posted another strong beat and raise quarter. All metrics beat across the board and revenue was... More
