Vetr upgraded shares of FireEye, Inc. (NASDAQ:FEYE) from a buy rating to a strong-buy rating in a research report report published on Monday, June 12th. The firm currently has $17.31 price objective on the information security company’s stock.
A number of other research firms have also weighed in on FEYE. Wedbush reiterated a neutral rating and issued a $11.00 price target on shares of FireEye in a research report on Thursday, February 16th. Susquehanna Bancshares Inc began coverage on FireEye in a research report on Wednesday, June 7th. They issued a neutral rating and a $17.00 price target for the company. ValuEngine lowered FireEye from a hold rating to a sell rating in a research report on Friday, June 2nd. Imperial Capital reiterated an in-line rating and issued a $15.00 price target (up previously from $12.00) on shares of FireEye in a research report on Tuesday, May 9th. Finally, Stephens reiterated an equal weight rating and issued a $14.00 price target (up previously from $12.00) on shares of FireEye in a research report on Wednesday, May 3rd. One investment analyst has rated the stock with a sell rating, twenty-two have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $15.52.
Shares of FireEye (NASDAQ FEYE) opened at 15.13 on Monday. FireEye has a 12 month low of $10.35 and a 12 month high of $18.42. The firm’s market capitalization is $2.70 billion. The stock has a 50 day moving average of $14.83 and a 200-day moving average of $12.87.
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A number of hedge funds have recently added to or reduced their stakes in FEYE. Bank of Montreal Can raised its stake in FireEye by 37.4% in the first quarter. Bank of Montreal Can now owns 7,887 shares of the information security company’s stock valued at $100,000 after buying an additional 2,147 shares in the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new stake in FireEye during the fourth quarter valued at about $131,000. Sigma Planning Corp acquired a new stake in FireEye during the first quarter valued at about $132,000. US Bancorp DE raised its stake in FireEye by 271.0% in the first quarter. US Bancorp DE now owns 10,662 shares of the information security company’s stock valued at $135,000 after buying an additional 7,788 shares in the last quarter. Finally, Searle & CO. acquired a new stake in FireEye during the fourth quarter valued at about $129,000. Hedge funds and other institutional investors own 67.31% of the company’s stock.
FireEye Company Profile
FireEye, Inc provides intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber-attacks. The Company offers various products, such as Threat Detection and Prevention Solutions, which include network security products (NX and Multi-vector Virtual Execution (MVX) Compute Node Series), e-mail security products (EX Series and e-mail threat prevention cloud (ETP), endpoint security products (HX Series) and content security products (FX Series); security management and orchestration products, which include Central Management System and FireEye Security Orchestrator, and forensics and investigation products, which include Threat Analytics Platform (TAP), Malware Analysis (AX Series) and Enterprise Forensics (PX Series and IA Series).
To view Vetr’s full report, visit Vetr’s official website.
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