- Analyst Rob Owens: "While management had previously attributed its success and strong pipeline build to its depth of management and vigilance building pipeline, the majority of the team praised on the fourth quarter conference call are no longer with the company."
- He downgrades Imperva (NASDAQ:IMPV -2.4%) to Sector Weight on those management concerns, challenged fundamentals and pressure the company would see if it doesn't realize any strategic alternatives it declared to be pursuing in its inadequate Q2 report.