In a report released today, Matthew Hedberg from RBC Capital downgraded Imperva (IMPV) to Hold, with a price target of $56. The company’s shares closed yesterday at $55.70, close to its 52-week high of $57.65.
According to TipRanks.com, Hedberg is a top 25 analyst with an average return of 31.2% and a 78.3% success rate. Hedberg covers the Technology sector, focusing on stocks such as Altair Engineering Inc, SecureWorks Corp, and Citrix Systems.
The word on The Street in general, suggests a Hold analyst consensus rating for Imperva with a $55.65 average price target.
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The company has a one-year high of $57.65 and a one-year low of $37.17. Currently, Imperva has an average volume of 823.7K.
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Imperva, Inc. engages in development, marketing, sales, service and support of cyber-security solutions that protect business critical data and applications. Its products include web application security, beach prevention, sharepoint, file, cloud, and data security, platform and industry solutions.
