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Fly News Breaks for April 8, 2019
PFPT
Apr 8, 2019 | 06:05 EDT
Piper Jaffray analyst Andrew Nowinski raised his price target for Proofpoint to $136 from $120 after his Q1 security reseller survey showed strong demand trends for the company. 26% of Proofpoint resellers reported "above plan" results and no resellers were "below plan," Nowinski tells investors in a research note. He keeps an Overweight rating on the shares.
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