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PFPT

Proofpoint

$124.72 /

+1.47 (+1.19%)

08:37
01/22/20
01/22
08:37
01/22/20
08:37

Proofpoint price target raised to $160 from $150 at RBC Capital

RBC Capital analyst Matthew Hedberg raised his price target on Proofpoint to $160 and kept his Outperform rating ahead of its Q4 earnings next week, saying the results should be "strong". The analyst is also adjusting his model to reflect the company's closed acquisition of ObserveIT and sees Proofpoint as well positioned for upside to organic revenue and free cash flow growth expectations while citing its "attractive valuation".

  • 30

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PFPT Proofpoint
$124.72 /

+1.47 (+1.19%)

01/14/20
Proofpoint initiated with a Buy at DA Davidson
01/13/20 DA Davidson
Proofpoint initiated with a Buy at DA Davidson
01/13/20 Morgan Stanley
Morgan Stanley downgrades Proofpoint on 'more muted' upside in 2020
01/13/20 Morgan Stanley
Proofpoint downgraded to Equal Weight from Overweight at Morgan Stanley

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