HC Wainwright & Co. Maintains Buy on Mimecast, Raises Price Target to $69
HC Wainwright & Co. analyst Ed Arce maintains Mimecast (NASDAQ:MIME) with a Buy and raises the price target from $64 to $69.
Mimecast Shareholders Approve Permira Transaction
M
imecast Limited (NASDAQ:MIME) announced today at the company’s special meeting that its shareholders voted to approve the company’s pending acquisition by funds advised by Permira.
“I thank our
Mimecast’s Return On Capital Employed Insights
Pulled from Benzinga Pro data, Mimecast (NASDAQ:MIME) showed a loss in earnings since Q2, totaling $13.82 million. Sales, on the other hand, increased by 2.97% to $151.60 million during Q3.
Mimecast: Q3 Earnings Insights
Mimecast (NASDAQ:MIME) reported its Q3 earnings results on Thursday, February 3, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings Scheduled For February 3, 2022
Companies Reporting Before The Bell
• Tuesday Morning (NASDAQ:TUEM) is likely to report earnings for its second quarter.
Analyst Ratings For Mimecast
Analysts have provided the following ratings for Mimecast (NASDAQ:MIME) within the last quarter:
Barclays Downgrades Mimecast to Equal-Weight
Barclays analyst Saket Kalia downgrades Mimecast (NASDAQ:MIME) from Overweight to Equal-Weight.
