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Stock Market & Financial Investment News

News Breaks
December 20, 2013
07:28 EDTPFPTProofpoint initiated with an Outperform at JMP Securities
Target $37.
News For PFPT From The Last 14 Days
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April 10, 2014
08:57 EDTPFPTImperva 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.
April 4, 2014
09:39 EDTPFPTProofpoint initiated with a Buy at Citigroup (pre-open)
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