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Imperva (IMPV) received an upgrade and price target increase on Wednesday as analysts approved new management’s shift to a recurring revenue model and saw strong demand for its data security products. Deutsche Bank upgraded Imperva stock to buy from hold and raised its price target to 58 from 34. “Although the stock has had a big run, up 50% since the last earnings (Oct. 30), this was off the lows after the stock had sold off past the Q1 2014 Scalper1 News
Scalper1 News