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Fly News Breaks for July 22, 2016
PFPT
Jul 22, 2016 | 06:56 EDT
Citi analyst Walter Pritchard raised his price target for Proofpoint to $82 from $77 following the company's "blowout Q2." Proofpoint experienced "clear strength" on the quarter and "shed any notion of a slowdown in security spending touching their business," Pritchard writes in a post-earnings research note. He keeps a Buy rating on the shares.
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