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PFPT

Proofpoint

$73.49

-1.36 (-1.82%)

06:40
10/04/16
10/04
06:40
10/04/16
06:40

Proofpoint initiated with a Neutral at DA Davidson

DA Davidson analyst Kevin Reevey initiated Proofpoint with a Neutral and an $80 price target due to premium valuation.

  • 20

    Oct

  • 14

    Nov

PFPT Proofpoint
$73.49

-1.36 (-1.82%)

07/22/16
EVER
07/22/16
NO CHANGE
Target $85
EVER
Buy
Proofpoint price target raised to $85 from $70 at Evercore ISI
Evercore ISI raised Buy rated Proofpoint's price target to $85 from $70 after billings and guidance beat expectations saying it continues to believe executing and market position are deserving of a premium valuation.
07/25/16
IMPC
07/25/16
NO CHANGE
Target $69
IMPC
Outperform
Proofpoint guidance looks conservative, says Imperial Capital
Imperial Capital analyst Michael Kim thinks Proofpoint's initial FY17 revenue guidance appears conservative given the company's multiple growth drivers and his expectations for larger archiving transactions. The firm keeps an Outperform rating and $69 price target on Proofpoint shares.
07/26/16
IMPC
07/26/16
NO CHANGE
Target $83
IMPC
Outperform
Proofpoint price target raised to $83 from $69 at Imperial Capital
Imperial Capital analyst Michael Kim raised his price target for Proofpoint to $83 citing a higher outlook following the company's Q2 results. The analyst thinks management's initial FY17 revenue guidance appears relatively conservative and he keeps an Outperform rating on the name.
08/01/16
NEED
08/01/16
INITIATION
Target $88
NEED
Buy
Proofpoint initiated with a Buy at Needham
Target $88.

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