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Fly News Breaks for July 24, 2015
PFPT
Jul 24, 2015 | 07:47 EDT
RBC Capital notes that Proofpoint's billings accelerated in Q2, while the company raised its Q3 and 2015 revenue guidance. The firm thinks the company has several positive catalysts going forward. It raised its price target on the name to $80 from $70 and keeps an Outperform rating.
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