Stephens & Co. Initiates Coverage On Proofpoint with Overweight Rating, Announces Price Target of $165
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. has initiated coverage on Proofpoint with an Overweight rating and set a price target of $165.
February 02, 2021 | 11:11 am
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Stephens & Co. has initiated coverage on Proofpoint with an Overweight rating and a price target of $165, indicating a positive outlook for the stock.
The initiation of coverage with an Overweight rating and a specific price target of $165 by Stephens & Co. suggests a positive sentiment towards Proofpoint's stock. This could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100