the Rubicon Project, Inc. (RUBI) Is At $1.68 Formed Wedge; Proofpoint, Inc. (PFPT) Had 24 Bullish Analysts

Among 30 analysts covering Proofpoint Inc (NASDAQ:PFPT), 24 have Buy rating, 2 Sell and 4 Hold. Therefore 80% are positive. Proofpoint Inc had 87 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank with “Buy” on Tuesday, August 11. As per Monday, October 16, the company rating was maintained by Stifel Nicolaus. The rating was initiated by Morgan Stanley on Thursday, September 10 with “Overweight”. The rating was initiated by Macquarie Research with “Outperform” on Friday, July 8. The stock of Proofpoint, Inc. (NASDAQ:PFPT) earned “Outperform” rating by Wells Fargo on Wednesday, January 11. The rating was maintained by Imperial Capital on Monday, April 25 with “Outperform”. The stock of Proofpoint, Inc. (NASDAQ:PFPT) has “Buy” rating given on Friday, September 8 by Piper Jaffray. The firm has “Overweight” rating given on Thursday, July 20 by Morgan Stanley. The stock of Proofpoint, Inc. (NASDAQ:PFPT) earned “Buy” rating by Needham on Friday, October 20. The firm has “Buy” rating by Evercore given on Wednesday, June 29. See Proofpoint, Inc. (NASDAQ:PFPT) latest ratings:

01/03/2018 Broker: Piper Jaffray Rating: Buy New Target: $123.0 Maintain
01/03/2018 Broker: Cowen & Co Rating: Buy New Target: $115.0 Maintain
07/02/2018 Broker: Stephens Rating: Buy New Target: $115.0 Maintain
07/02/2018 Broker: Northland Capital Rating: Buy New Target: $125.0 Maintain
08/02/2018 Broker: Imperial Capital Old Rating: Outperform New Rating: Outperform Old Target: $110 New Target: $120 Maintain
07/02/2018 Broker: Robert W. Baird Old Rating: Neutral New Rating: Neutral Old Target: $100 New Target: $110 Maintain
07/02/2018 Broker: Wedbush Rating: Buy New Target: $114.0 Maintain
07/02/2018 Broker: Piper Jaffray Rating: Buy New Target: $118.0 Maintain
06/02/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $115.0 Maintain
30/01/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $116 New Target: $124 Maintain

the Rubicon Project, Inc. (RUBI) formed wedge down with $1.56 target or 7.00% below today’s $1.68 share price. the Rubicon Project, Inc. (RUBI) has $82.43 million valuation. The stock decreased 1.18% or $0.02 during the last trading session, reaching $1.68. About 67,221 shares traded. the Rubicon Project, Inc. (NYSE:RUBI) has declined 63.90% since March 5, 2017 and is downtrending. It has underperformed by 80.60% the S&P500.

Among 11 analysts covering Rubicon Project (NYSE:RUBI), 2 have Buy rating, 2 Sell and 7 Hold. Therefore 18% are positive. Rubicon Project had 26 analyst reports since July 29, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of RUBI in report on Wednesday, February 24 with “Outperform” rating. Needham maintained the shares of RUBI in report on Friday, November 3 with “Hold” rating. As per Thursday, November 3, the company rating was downgraded by Albert Fried. The firm earned “Neutral” rating on Friday, November 3 by Citigroup. As per Tuesday, January 26, the company rating was initiated by Morgan Stanley. Jefferies downgraded the shares of RUBI in report on Thursday, March 16 to “Hold” rating. B. Riley & Co downgraded the shares of RUBI in report on Wednesday, March 15 to “Neutral” rating. Needham maintained the stock with “Hold” rating in Thursday, August 24 report. Citigroup maintained the Rubicon Project, Inc. (NYSE:RUBI) on Tuesday, September 13 with “Neutral” rating. As per Tuesday, September 26, the company rating was maintained by Citigroup.

Since September 12, 2017, it had 0 buys, and 17 sales for $21.72 million activity. $273,582 worth of stock was sold by Knight David on Tuesday, September 19. Newell Tracey had sold 8,187 shares worth $870,702 on Tuesday, February 20. 40,000 shares were sold by Steele Gary, worth $3.69 million. Hahn Eric sold $446,037 worth of stock. Swaroop Bhagwat also sold $88,976 worth of Proofpoint, Inc. (NASDAQ:PFPT) shares.

The stock increased 0.48% or $0.53 during the last trading session, reaching $111.58. About 86,154 shares traded. Proofpoint, Inc. (NASDAQ:PFPT) has risen 52.24% since March 5, 2017 and is uptrending. It has outperformed by 35.54% the S&P500.

Investors sentiment decreased to 1.16 in Q3 2017. Its down 0.16, from 1.32 in 2017Q2. It is negative, as 26 investors sold Proofpoint, Inc. shares while 77 reduced holdings. 34 funds opened positions while 85 raised stakes. 49.44 million shares or 0.58% less from 49.73 million shares in 2017Q2 were reported. Webster Bankshares N A holds 150 shares. Los Angeles Cap Mgmt And Equity Research owns 9,276 shares or 0% of their US portfolio. Cim Investment Mangement Inc holds 3,646 shares. Eagle Asset Mngmt holds 835,466 shares. Basso Capital Mgmt Lp accumulated 15,000 shares. Polar Cap Llp has invested 0.46% in Proofpoint, Inc. (NASDAQ:PFPT). Raymond James Finance Svcs Advsr Incorporated invested in 9,762 shares. Cubist Systematic Strategies Limited Company stated it has 25,430 shares. 57 are owned by Northwestern Mutual Wealth. Susquehanna Interest Grp Inc Llp has invested 0% in Proofpoint, Inc. (NASDAQ:PFPT). First Personal, North Carolina-based fund reported 18 shares. Hsbc Pcl reported 0% stake. Essex Invest Management Lc holds 35,623 shares or 0.42% of its portfolio. Virtu Financial Limited Co has 0% invested in Proofpoint, Inc. (NASDAQ:PFPT) for 11,741 shares. Driehaus Management Ltd Llc has invested 0.21% in Proofpoint, Inc. (NASDAQ:PFPT).

Proofpoint, Inc. operates as a security-as-a-service well-known provider that enables large and mid-sized organizations to defend, protect, archive, and govern their sensitive data worldwide. The company has market cap of $5.62 billion. It offers threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery, and secure communication solutions. It currently has negative earnings. The firm provides email security products that include Enterprise Protection secure email gateway, Email Fraud Defense, Email Continuity, and Proofpoint Essentials, which are design to protect customers' mission-critical messaging infrastructure from outside threats, enable enterprises to authenticate their email to reduce consumer phishing, fight business email compromise attacks, and keep email operational in the event of a service well-known provider outage.