Proofpoint (PFPT) Tops Q2 EPS by 5c

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Proofpoint (PFPT) PT Raised to $104 at Wedbush Following 2Q Beat and Raise

July 28, 2017 9:14 AM EDT

Wedbush raised its price target on Proofpoint (NASDAQ: PFPT) to $104.00 (from $98.00) while maintaining a Outperform rating following the company's 2Q. Revenue of $122.3M was roughly $3M above consensus and the top end of guidance. EPS of $0.17 was $0.04 above consensus.

PFPT raised its... More