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Fly News Breaks for February 1, 2016
PFPT
Feb 1, 2016 | 08:17 EDT
RBC Capital believes that Proofpoint reported strong Q4 results, and the firm thinks the company has several positive catalysts going forward. RBC notes that the company raised its EBITDA and free cash flow guidance. It keeps a $75 price target and Outperform rating on the shares.
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