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Fly News Breaks for April 11, 2018
PFPT
Apr 11, 2018 | 07:39 EDT
Stephens analyst Jonathan Ruykhaver increased his price target on Proofpoint to $140 from $115 ahead of the company's Q1 report, stating that his checks on underlying activity have been consistently positive and he thinks the momentum around competitive wins Emerging Products can drive upside in the quarter. He reiterate an Overweight rating on Proofpoint shares.
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