Mimecast Limited (MIME) Reports In-Line Q3 EPS

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Go back to Mimecast Limited (MIME) Reports In-Line Q3 EPS

Mimecast Limited (MIME) PT Raised to $30 at Jefferies

February 10, 2017 7:09 AM EST

Jefferies analyst John DiFucci reiterates Buy rating and increases price target on Mimecast Limited (NASDAQ: MIME) to $30 (from $29), suggesting the company is firing on all cylinders after reporting strong fiscal third quarter numbers, while guiding higher on fiscal fourth quarter estimates.

DiFucci comments, "MIME easily... More

Mimecast Limited (MIME) PT Raised to $27 at Oppenheimer Following 3Q

February 10, 2017 6:48 AM EST

Oppenheimer raised its price target on Mimecast Limited (NASDAQ: MIME) to $27.00 (from $25.00) while maintaining a Outperform rating. MIME generated strong 3Q results, with revenue up 39% y/y in constant currency, up 30% as reported, to $48.3M. The revenue retention rate remained strong at 112%, up from 111%... More