1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (7527) 

Baron Opportunity Fund Comments on Proofpoint

Guru stock highlight

April 20, 2017 | About:

Proofpoint, Inc. (NASDAQ:PFPT) offers cloud-based cybersecurity and archiving tools to help companies protect assets such as e-mail, cloud software applications and social media. Shares fell in the first quarter due primarily, in our view, to a Street analyst downgrade that raised concerns regarding potential increased competition from Microsoft Office 365’s built-in e-mail capabilities and risks of a deceleration of billing growth. We retain conviction in Proofpoint’s growth drivers, including the importance of e-mail in today’s workflow, the increasing need to protect against social engineering attacks, McAfee displacement, migration to Office 365 and growing channel partner programs. (Ishay Levin)

From the Baron Opportunity Fund first quarter 2017 shareholder letter.

Rating: 0.0/5 (0 votes)


Please leave your comment:

GuruFocus has detected 3 Warning Signs with Proofpoint Inc $PFPT.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by Holly LaFon

User Generated Screeners

markus.t.isenrich5yr Dividend Growers
markus.t.isenrich10yr BV-,EPS- and Rev growth
psycliqual divd 2
NeteaFast growth 2
ow416-23-17 Growth
victorwt2017 v3
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat