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Imperva (NASDAQ:IMPV) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research report issued to clients and investors on Tuesday, Stock Ratings News reports. They currently have a $56.30 price target on the stock. Zacks‘ price objective points to a potential downside of 3.38% from the stock’s previous close.

Imperva (NASDAQ:IMPV) traded down 1.37% on Tuesday, hitting $57.47. 165,507 shares of the company’s stock traded hands. Imperva has a 52-week low of $34.89 and a 52-week high of $60.44. The stock has a 50-day moving average of $52.70 and a 200-day moving average of $46.30. The company’s market cap is $1.421 billion.

Imperva (NASDAQ:IMPV) last announced its earnings results on Thursday, February 6th. The company reported $0.12 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.11 by $0.01. The company had revenue of $42.70 million for the quarter, compared to the consensus estimate of $41.63 million. During the same quarter last year, the company posted $0.06 earnings per share. Imperva’s revenue was up 34.3% compared to the same quarter last year. On average, analysts predict that Imperva will post $-0.49 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Imperial Capital raised their price target on shares of Imperva from $53.00 to $65.00 in a research note on Monday. They now have an “outperform” rating on the stock. Separately, analysts at Wedbush raised their price target on shares of Imperva from $47.00 to $51.00 in a research note on Friday. Finally, analysts at Pacific Crest raised their price target on shares of Imperva from $57.00 to $62.00 in a research note on Friday. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $56.73.

Imperva, Inc is a United States-based Company that develops data security solutions for business data in the data center.

To view Zacks’ full report, visit www.zacks.com

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