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Stock Market & Financial Investment News

News Breaks
April 10, 2014
08:57 EDTPFPT, PANW, IMPVImperva should be bought after negative preannouncement, says Pacific Crest
After Impreva preannounced lower than expected Q1 revenue, Pacific Crest blamed the miss on a lack of sales execution and lengthening sales cycles. However, the firm is still upbeat on Imperva's outlook, as it expects demand for security products to increase. Pacific Crest reduced its price target on Imperva to $48 from $62. It recommends buying other IT security names, including Palo Alto (PANW) and Proofpoint (PFPT), on weakness in the wake of Imperva's guidance. The firm keeps Outperform ratings on all the stocks named.
News For IMPV;PANW;PFPT From The Last 14 Days
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January 30, 2015
09:12 EDTPFPTProofpoint reported impressive results, says RBC Capital
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08:55 EDTPFPTProofpoint price target raised to $60 from $49 at FBR Capital
FBR Capital raised its price target for Proofpoint shares to $60 following the company's better than expected Q4 results. FBR believes the company's "under-promise, over-deliver" strategy continues to play out and keeps an Outperform rating on the name.
07:18 EDTPFPTProofpoint price target raised to $59 from $51 at Pacific Crest
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January 29, 2015
16:15 EDTPFPTProofpoint sees FY15 EPS (38c)-(36c), consensus (29c)
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16:14 EDTPFPTProofpoint sees Q1 EPS (9c)-(8c), consensus (11c)
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16:13 EDTPFPTProofpoint reports Q4 EPS (9c), consensus (11c)
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January 27, 2015
09:35 EDTPANWPalo Alto poised to beat consensus estimates, says Wells Fargo
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January 23, 2015
10:02 EDTPANWOn the Fly: Analyst Downgrade Summary
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08:23 EDTPANWPalo Alto downgraded to Neutral from Outperform at Macquarie
January 22, 2015
07:42 EDTPFPT, PANWIT security demand very strong, says Wells Fargo
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06:24 EDTIMPVJPMorgan downgrades three in Software, FireEye a top pick
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January 20, 2015
08:24 EDTPANWPalo Alto price target raised to $165 from $130 at Stephens
Stephens said it came away from a call with the CMO of Palo Alto Networks believing that the company's newly released "Traps" endpoint product has the potential to provide the next leg of growth for the company. Citing expectations for Traps, the raised its price target on Palo Alto to $165 from $130 and reiterates its Overweight rating on the stock.

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