Imperva (IMPV) got a price target increase Tuesday as an analyst expects its security products and services to be in high demand. “We believe the market is transitioning from perimeter defense toward application and data protection, which should enable Imperva’s revenue growth to accelerate,” Piper Jaffray analyst Andrew Nowinski said in a research report Tuesday. “Following many of the high profile breaches in 2014, management has stated that
Imperva (IMPV) got a price target increase Thursday after an analyst said that the data-security firm’s “sales engine” is strengthening as the market shifts in its favor. “In our view, many of the problems Imperva faced a year ago stemmed from a lack of maturity in its sales organization and go-to-market strategy, and while we have already seen impressive traction, the results of changes to the sales organization have not yet been fully realized
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