Proofpoint (PFPT) Tops Q4 EPS by 16c, Offers Q1 and FY Guidance

Go back to Proofpoint (PFPT) Tops Q4 EPS by 16c, Offers Q1 and FY Guidance

Proofpoint (PFPT) PT Raised to $120 at RBC Capital

February 1, 2019 6:49 AM EST

RBC Capital analyst Matthew Hedberg raised the price target on Proofpoint (NASDAQ: PFPT) to $120.00 (from $117.00) while maintaining a Outperform rating.

The analyst commented, "Proofpoint delivered a much better quarter and while the 2019 outlook remains unchanged, we like the setup into Q1 and think... More