Proofpoint (PFPT) Tops Q1 EPS by 15c, Beats on Revenues; Boosts FY18 Billings, EPS, Revenue and Profitability Guidance
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Go back to Proofpoint (PFPT) Tops Q1 EPS by 15c, Beats on Revenues; Boosts FY18 Billings, EPS, Revenue and Profitability Guidance
April 27, 2018 2:11 PM EDT
Imperial Capital raised its price target on Proofpoint (NASDAQ: PFPT) to $140.00 (from $120.00) while maintaining a Outperform rating.
Analyst Michael Kim comments "Our price target implies potential upside of about 13% above recent levels. We highlight PFPTs continued strong execution in 1Q18, exceeding updated guidance... More
April 27, 2018 8:50 AM EDT
BTIG raised its price target on Proofpoint (NASDAQ: PFPT) to $138.00 (from $125.00) while maintaining a Buy rating following the company's 1Q. Proofpoint continued its string of beats-and-raises, highlighted by subscription revenues of $158.8M (vs. $148.8M cons.) and EPS of $0.30 (vs. $0.15 cons.).
Billings experienced record... More
April 27, 2018 7:40 AM EDT
Susquehanna raised its price target on Proofpoint (NASDAQ: PFPT) to $138.00 (from $136.00) while maintaining a Positive rating.
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April 27, 2018 7:21 AM EDT
Stifel raised its price target on Proofpoint (NASDAQ: PFPT) to $135.00 (from $115.00) while maintaining a Buy rating.
Analyst Gur Talpaz commented, "Despite Contracting Duration, Emerging Products Help Drive Another Strong Proofpoint Quarter."
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April 24, 2018 6:53 AM EDT
Dougherty & Co raised its price target on Proofpoint (NASDAQ: PFPT) to $140.00 (from $125.00) while maintaining a Buy rating.
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