FireEye Inc. (NASDAQ:FEYE)‘s stock had its “in-line” rating restated by investment analysts at Imperial Capital in a report released on Friday. They presently have a $15.00 price target on the information security company’s stock. Imperial Capital’s target price points to a potential upside of 6.53% from the company’s current price.

Several other brokerages have also recently weighed in on FEYE. Wunderlich cut FireEye from a “buy” rating to a “hold” rating and lowered their target price for the stock from $21.00 to $15.00 in a report on Friday, August 5th. Zacks Investment Research cut FireEye from a “buy” rating to a “hold” rating in a report on Monday, September 19th. Nomura restated a “positive” rating and set a $17.50 target price (down from $22.50) on shares of FireEye in a report on Friday, November 4th. Piper Jaffray Cos. restated a “buy” rating and set a $17.00 target price (down from $20.00) on shares of FireEye in a report on Friday, August 5th. Finally, Wedbush restated a “neutral” rating and set a $13.00 target price (down from $14.00) on shares of FireEye in a report on Friday, November 4th. One investment analyst has rated the stock with a sell rating, eighteen have issued a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $20.34.

Analyst Recommendations for FireEye (NASDAQ:FEYE)

FireEye (NASDAQ:FEYE) opened at 14.08 on Friday. The stock’s market capitalization is $2.41 billion. FireEye has a 12-month low of $10.87 and a 12-month high of $23.82. The firm’s 50-day moving average price is $13.16 and its 200 day moving average price is $14.84.

FireEye (NASDAQ:FEYE) last posted its quarterly earnings data on Thursday, November 3rd. The information security company reported ($0.18) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.31) by $0.13. FireEye had a negative return on equity of 44.91% and a negative net margin of 77.67%. The company earned $186.40 million during the quarter, compared to analyst estimates of $42.65 million. During the same period in the previous year, the business earned ($0.37) EPS. FireEye’s quarterly revenue was up 12.6% on a year-over-year basis. On average, equities analysts anticipate that FireEye will post ($1.13) EPS for the current year.

A number of large investors have recently made changes to their positions in the stock. TRUE Private Wealth Advisors increased its stake in shares of FireEye by 6.3% in the third quarter. TRUE Private Wealth Advisors now owns 11,030 shares of the information security company’s stock worth $141,000 after buying an additional 650 shares during the last quarter. Brave Asset Management Inc increased its stake in shares of FireEye by 138.9% in the second quarter. Brave Asset Management Inc now owns 8,600 shares of the information security company’s stock worth $142,000 after buying an additional 5,000 shares during the last quarter. Financial Architects Inc increased its stake in shares of FireEye by 30.0% in the second quarter. Financial Architects Inc now owns 9,030 shares of the information security company’s stock worth $148,000 after buying an additional 2,083 shares during the last quarter. Bank of Montreal Can increased its stake in shares of FireEye by 2.2% in the third quarter. Bank of Montreal Can now owns 10,093 shares of the information security company’s stock worth $148,000 after buying an additional 213 shares during the last quarter. Finally, MSI Financial Services Inc increased its stake in shares of FireEye by 17.9% in the third quarter. MSI Financial Services Inc now owns 10,845 shares of the information security company’s stock worth $160,000 after buying an additional 1,645 shares during the last quarter. Hedge funds and other institutional investors own 50.90% of the company’s stock.

FireEye Company Profile

FireEye, Inc provides cybersecurity solution for detecting, preventing and resolving cyber-attacks. The Company’s cybersecurity solutions combine its purpose-built virtual-machine technology, threat intelligence and security in a suite of products and services. The Company’s cybersecurity platform includes a family of software-based appliances, endpoint agents, cloud-based subscription services, support and maintenance and other services.

5 Day Chart for NASDAQ:FEYE

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