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Stock Market & Financial Investment News

News Breaks
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.
News For PFPT From The Last 14 Days
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June 25, 2015
10:00 EDTPFPTOn The Fly: Analyst Initiation Summary
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June 24, 2015
18:39 EDTPFPTProofpoint initiated with an Outperform at Wedbush
Wedbush started shares of Proofpoint with an Outperform rating and added the stock to its Best Ideas List. The firm has an $79 price target for shares.
12:06 EDTPFPTU.S. data hack larger than previously disclosed, WSJ reports
Office of Personnel Management Director Katherine Archuleta said in a statement today to the House Oversight Committee that her agency is investigating whether up to 18M unique Social Security numbers were stolen as part of the previously disclosed cyberattack, Wall Street Journal reports. The hack is being defined as two distinct breaches, and the larger than previously thought numbers are preliminary and not verified, the Journal adds. Publicly traded companies in the cybersecurity space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link
08:54 EDTPFPTFortinet downgraded to Neutral from Buy at Citi
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