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Fly News Breaks for March 16, 2018
PFPT
Mar 16, 2018 | 04:57 EDT
Deutsche Bank analyst Gray Powell raised his price target for Proofpoint to $140 saying the opportunity around Wombat Security is likely much bigger than what many expect. Proofpoint has historically been an "excellent buyer of assets," Powell tells investors in a research note. The analyst reiterates a Buy rating on the shares.
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