Proofpoint Announces Fourth Quarter and Full Year 2015 Financial Results

Go back to Proofpoint Announces Fourth Quarter and Full Year 2015 Financial Results

Wedbush Remains Bullish on Proofpoint (PFPT) Following Solid 4Q Earnings

January 29, 2016 9:51 AM EST

Wedbush maintained an Outperform rating on Proofpoint (NASDAQ: PFPT), and cut the price target to $77.00 (from $82.00), following the company's 4Q earnings report. Revenue of $75M was $1.5M above consensus. Expected FY16 revenue growth was raised by a point to 30-31%, and billings... More