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Fly News Breaks for March 7, 2018
PFPT
Mar 7, 2018 | 08:16 EDT
Wedbush analyst Steve Koenig raised his price target for Proofpoint to $130 from $114 to reflect the acquisition of Wombat, which looks like winner as a natural and easy add-on to the company's email security sales motion. The analyst reiterates an Outperform rating on the shares.
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