Morgan Stanley Downgrades Proofpoint to Equal-Weight, Lowers Price Target to $137

Morgan Stanley analyst Melissa Franchi downgrades Proofpoint (NASDAQ:PFPT) from Overweight to Equal-Weight and lowers the price target from $146 to $137.

Benzinga · 01/13/2020 11:45

Morgan Stanley analyst Melissa Franchi downgrades Proofpoint (NASDAQ:PFPT) from Overweight to Equal-Weight and lowers the price target from $146 to $137.