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Goldman Sachs Explains Why Its Proofpoint Call Was 'Wrong'
Tuesday, April 10, 2018 - 12:18pm | 393Sometimes even Wall Street's top analysts are wrong. Since Goldman Sachs downgraded Proofpoint Inc (NASDAQ: PFPT) in late March to a bearish rating, the stock has returned 60 percent. The Analyst Goldman Sachs' Gabriela Borges upgraded Proofpoint from Sell to Neutral with a price...
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Wedbush Reiterates Outperform On Proofpoint Following Muddy Waters Report
Friday, December 4, 2015 - 11:02am | 547Shares of Proofpoint Inc (NASDAQ: PFPT) fell more than 4 percent on Thursday after short-selling research firm Muddy Waters pitched a short thesis at the Sohn investment conference. Muddy Waters argued Proofpoint's management was "misleading" investors and "mischaracterizing" the company's status...
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Exclusive: Zix CEO Spurr Reflects On Q2 Growth
Friday, August 1, 2014 - 4:30pm | 460During an interview with Benzinga, Zix (NASDAQ: ZIXI) CEO Rick Spurr discussed his company’s second quarter results. Shares of Zix are up more than 15 percent since reporting EPS of $0.04, versus the $0.03 estimate and revenue of $12.6 million versus the $12.45 million estimate on July 22...