Pacific Crest Downgrades Proofpoint (PFPT) to Sector Weight

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Go back to Pacific Crest Downgrades Proofpoint (PFPT) to Sector Weight

Imperial Capital Raises Price Target on Proofpoint (PFPT) to $83 Following 2Q Beat

July 26, 2016 7:18 AM EDT

Imperial Capital reiterated an Outperform rating on Proofpoint (NASDAQ: PFPT), and raised the price target to $83.00 (from $69.00), following the company's 2Q earnings report. PFPT reported 2Q16 revenue of $89.9mn and adjusted EPS of $0.06, exceeding Street revenue estimates of $84.3mn and EPS estimates of ($0.07).... More

Proofpoint (PFPT) Tops Q2 EPS by 13c; Guides Above the Street

July 21, 2016 4:13 PM EDT

Proofpoint (NASDAQ: PFPT) reported Q2 EPS of $0.06, $0.13 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $89.9 million versus the consensus estimate of $84.22 million.

Our ability to exceed second quarter expectations was driven by broad-based demand across all of our cloud-based... More