Market Overview

UPDATE: Oppenheimer Initiates Imperva at Outperform on Data Security Leading Position

Related IMPV
Imperva May Have Been Conservative With Q2 Guidance
Mid-Afternoon Market Update: U.S. Stocks Turn Higher; Endo International Shares Plunge
Broad Security Freeze: Palo Alto Networks Off; Rapid7 Estimates Cut (Investor's Business Daily)

Oppenheimer initiated Imperva (NYSE: IMPV) with an Outperform rating and a $37 price target.

Oppenheimer noted, "We believe IMPV is well positioned to benefit from this new sub segment of the broader security market, as data center security solutions represent a significant long-term opportunity. Growing network complexity coupled with increased regulation and compliance are driving sustainable growth north of 25%. We believe IMPV deserves to trade at a premium to its peers due to market positioning, revenue drivers and growth profile."

Imperva closed at $30.76 on Monday.

Latest Ratings for IMPV

May 2016NeedhamDowngradesBuyHold
Apr 2016Morgan StanleyDowngradesEqual-weightUnderweight
Feb 2016Imperial CapitalMaintainsOutperform

View More Analyst Ratings for IMPV
View the Latest Analyst Ratings

Posted-In: OppenheimerAnalyst Color Initiation Intraday Update Analyst Ratings


Related Articles (IMPV)

View Comments and Join the Discussion!