Mimecast (MIME) Upgraded to “Buy” by ValuEngine

ValuEngine upgraded shares of Mimecast (NASDAQ:MIME) from a hold rating to a buy rating in a research note released on Monday.

A number of other research firms have also issued reports on MIME. Zacks Investment Research lowered shares of Mimecast from a buy rating to a hold rating in a report on Wednesday, January 9th. BidaskClub raised shares of Mimecast from a hold rating to a buy rating in a report on Thursday, January 31st. TheStreet raised shares of Mimecast from a d+ rating to a c rating in a report on Wednesday, November 21st. Monness Crespi & Hardt dropped their target price on shares of Mimecast from $48.00 to $45.00 and set a buy rating for the company in a report on Friday, November 9th. Finally, Robert W. Baird initiated coverage on shares of Mimecast in a report on Wednesday, October 17th. They set an outperform rating and a $45.00 target price for the company. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Mimecast has an average rating of Buy and an average price target of $45.58. more

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