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Stock Market & Financial Investment News

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November 28, 2012
07:13 EDTPFPTProofpoint weakness unjustified, says RBC Capital
After Proofpoint's stock tumbled about 25% after reporting Q3 results that RBC Capital views as strong ,the firm believes that the decline in the stock isn't indicative of its business, or the company’s competitive position. The firm maintains a $19 price target and Outperform rating on the shares.
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