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IMPV

Imperva

$51.77

0.28 (0.54%)

12:54
10/12/16
10/12
12:54
10/12/16
12:54

Silver Lake, Thoma Bravo plan bids for Imperva, Bloomberg reports

Private equity firms Silver Lake Management and Thoma Bravo are planning to make takeover bids for Imperva (IMPV) as the company seeks to find buyers, Bloomberg reports, citing people familiar with the matter. In addition, Cisco (CSCO) and IBM remain interested in the cybersecurity company, sources tell the news agency.

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IMPV Imperva
$51.77

0.28 (0.54%)

09/26/16
NOMU
09/26/16
DOWNGRADE
NOMU
Neutral
Imperva downgraded to Neutral from Buy at Nomura
Nomura downgraded Imperva to Neutral with a $50 price target saying Friday's share strength reflects a potential acquisition of the company.
10/03/16
BTIG
10/03/16
DOWNGRADE
BTIG
Neutral
Imperva downgraded to Neutral from Buy at BTIG
BTIG analyst Joel Fishbein downgraded Imperva to Neutral saying valuation reflects a potential acquisition of the company.
10/06/16
DADA
10/06/16
DOWNGRADE
DADA
Neutral
Imperva downgraded to Neutral from Buy at DA Davidson
10/06/16
DADA
10/06/16
DOWNGRADE
DADA
Neutral
Imperva downgraded on valuation at DA Davidson
As noted earlier, DA Davidson downgraded Imperva to Neutral from Buy. Analyst Jack Andrews downgraded the stock based on valuation. He thinks that a number of strategic and financial entities could be interested in buying Imperva, and he believes that the company will probably be sold "over the next few months." However, the analyst thinks that the company may not be bought for a price that is significantly higher than its current valuation. Target remains $55.

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