After Stephens and Oppenheimer gave Imperva (NYSE: IMPV) a Buy rating last month, the company received another Buy, this time from KeyBanc. Analyst Rob Owens upgraded Imperva (NYSE: IMPV) to Buy today. The company’s shares closed yesterday at $49.60.
According to TipRanks.com, Owens is a top 100 analyst with an average return of 27.1% and a 74.8% success rate. Owens covers the Technology sector, focusing on stocks such as New Relic Inc, Dropbox Inc, and Splunk Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Imperva with a $58.60 average price target.
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Based on Imperva’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $9.78 million. In comparison, last year the company had a GAAP net loss of $3.49 million.
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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.
