Morgan Keegan Reiterates Outperform and PT of $5 on Zix Corporation

Morgan Keegan reiterated its Outperform rating on Zix Corporation (NASDAQ: ZIXI). At the same time, Morgan Keegan left its price target on the company's stock unchanged at $5.

In a research report published today, Morgan Keegan states, "Given continued solid market fundamentals as well as improving execution, we like the risk / reward at current levels and reiterate our Outperform on shares of Zix."

On Friday, Zix added 0.29% to its value to end the week at $3.41.