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Stock Market & Financial Investment News

News Breaks
July 25, 2014
08:15 EDTPFPTProofpoint price target raised to $44 from $33 at JMP Securities
JMP Securities increased its price target on Proofpoint after the company reported stronger than expected results. The firm thinks the company is poised to gain additional market share, and it reiterates an Outperform rating.
News For PFPT From The Last 14 Days
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March 20, 2015
15:40 EDTPFPTMore cybersecurity firms to come public amid high market demand, Reuters says
With shares of publicly traded cybersecurity companies having recently outperformed the market, a number of privately-held IT security names, including Rapid7, LogRythm and Mimecast, plan to go public in 2015 amid the high level of investor interest, said Reuters, citing people familiar with the matter. Publicly traded companies in the 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
March 17, 2015
07:31 EDTPFPTProofpoint momentum continuing this quarter, says Pacific Crest
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