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Proofpoint’s (PFPT) performance this quarter could mirror its results delivered in the fourth quarter, when the security software maker soundly beat analyst estimates. That’s the assessment from Daniel Ives, an analyst for FBR Capital Markets, in a report Monday in which he maintained his outperform rating and hiked his price target to 49 from 47. Proofpoint stock was down 1.5% in early afternoon trading in the stock market today, near 43.30, Scalper1 News
Scalper1 News