FireEye, Inc. (FEYE) Downgraded by Vetr Inc.

Vetr downgraded shares of FireEye, Inc. (NASDAQ:FEYE) from a strong-buy rating to a buy rating in a report published on Wednesday. Vetr currently has $17.31 price target on the information security company’s stock.

Other equities analysts have also issued reports about the stock. Goldman Sachs Group, Inc. (The) upgraded shares of FireEye from a sell rating to a buy rating and boosted their price target for the company from $10.00 to $15.00 in a research report on Thursday, March 23rd. Bank of America Corporation upgraded shares of FireEye from a neutral rating to a buy rating and boosted their price target for the company from $13.50 to $18.00 in a research report on Monday, March 20th. Evercore ISI restated a buy rating and issued a $16.00 price target (up from $14.00) on shares of FireEye in a research report on Wednesday, May 3rd. Stifel Nicolaus restated a buy rating and issued a $20.00 price target (up from $17.00) on shares of FireEye in a research report on Wednesday, May 3rd. Finally, Stephens restated an equal weight rating and issued a $14.00 price target (up from $12.00) on shares of FireEye in a research report on Wednesday, May 3rd. Two research analysts have rated the stock with a sell rating, twenty-three have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of Hold and a consensus price target of $15.54.

Shares of FireEye (FEYE) opened at 15.50 on Wednesday. The firm’s market cap is $2.76 billion. FireEye has a 52 week low of $10.35 and a 52 week high of $18.42. The firm has a 50 day moving average of $15.25 and a 200 day moving average of $13.02.

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Several large investors have recently modified their holdings of the company. Teachers Advisors LLC increased its stake in shares of FireEye by 20.1% in the fourth quarter. Teachers Advisors LLC now owns 191,932 shares of the information security company’s stock valued at $2,284,000 after buying an additional 32,147 shares in the last quarter. Segantii Capital Management Ltd bought a new stake in shares of FireEye during the first quarter valued at about $251,000. AlphaOne Investment Services LLC bought a new stake in shares of FireEye during the first quarter valued at about $4,338,000. Baird Financial Group Inc. bought a new stake in shares of FireEye during the first quarter valued at about $661,000. Finally, Bank of Montreal Can increased its stake in shares of 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. 67.37% of the stock is owned by institutional investors.

About FireEye

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.

Analyst Recommendations for FireEye (NASDAQ:FEYE)

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