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Proofpoint (NASDAQ:PFPT) target bumped up to $95.00, released a report earlier today by FBN Securities

Just yesterday Proofpoint (NASDAQ:PFPT) traded 1.06% higher at $82.18. Proofpoint’s 50-day moving average is $91.43 and its 200-day moving average is $86.47. The last stock price is down 11.15% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.01% over the same time period. 1,650,625 shares of the stock were exchanged, up from an average trading volume of 543,448

Stating a potential upside of 0.16%, FBN Securities increased the stock price target of Proofpoint (NASDAQ:PFPT) to $95.00

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Proofpoint (NASDAQ:PFPT)

Proofpoint has a with a one year low of $69.19 and a 52 week high of $97.92 The company’s market cap is currently $0.

In addition to FBN Securities reporting its stock price target, a total of 21 brokerages have issued a ratings update on the company. The average stock price target is $74.62 with 10 firms rating the stock a strong buy, twelve analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero brokerages rating the company a sell.

General Company Details For Proofpoint (NASDAQ:PFPT)

Proofpoint, Inc. is a security-as-a-service provider that enables large and mid-sized organizations to defend, protect, archive and govern their sensitive data. The Company's security-as-a-service platform consists of an integrated suite of on-demand data protection solutions, including threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery and secure communication. The Company's solutions are built on a cloud-based platform. The Company provides a multi-tiered security-as-a-service platform, including solutions, platform technologies and infrastructure. Its product families include Email Security, Proofpoint Advanced Threat Protection, Proofpoint Information Protection and Archiving, and Proofpoint Digital Risk Protection. The Company's platform services include Threat detection, Threat intel extraction, Nexus threat graph, Real-time detection, Information classification and Intelligent policy.

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