Imperva Inc IMPV shares are trading higher by $1.40 (3.8 percent) at $36,50 in Friday's session following its Q3 report.
The report prompted three different firms to upgrade the stock: DA Davidson from Neutral to Buy, Macquarie from Neutral to Outperform and Evercore from Hold to Buy.
Following a sharply higher open, it could rally only another nickel to $37.30 before sharply reversing course. So far, the ensuing decline has taken the issue into the upper-end of Thursday's ($35.85), but found support ahead of the close ($35.10), only reaching $35.45. Since making the low it has rebounded back into the $36 handle.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
