FireEye, Inc. (FEYE) Upgraded at Vetr Inc.
FireEye, Inc. (NASDAQ:FEYE) was upgraded by investment analysts at Vetr from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Wednesday, May 24th. The firm currently has a $17.10 price objective on the information security company’s stock. Vetr‘s price objective suggests a potential upside of 13.02% from the stock’s current price.
A number of other research analysts also recently issued reports on 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 stock 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 stock from $13.50 to $18.00 in a research report on Monday, March 20th. Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $23.00 price target on shares of FireEye in a research report on Thursday, May 4th. Stifel Nicolaus reiterated a “buy” rating and issued a $20.00 price objective (up previously from $17.00) on shares of FireEye in a research note on Wednesday, May 3rd. Finally, Zacks Investment Research lowered shares of FireEye from a “buy” rating to a “hold” rating in a research note on Monday, April 10th. One investment analyst has rated the stock with a sell rating, twenty-two have given a hold rating, eleven 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 a consensus price target of $15.52.
FireEye (NASDAQ:FEYE) traded up 0.93% on Wednesday, hitting $15.13. 4,868,193 shares of the company were exchanged. The stock has a 50 day moving average price of $14.83 and a 200 day moving average price of $12.87. The firm’s market cap is $2.70 billion. FireEye has a one year low of $10.35 and a one year high of $18.42.
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Several large investors have recently made changes to their positions in the stock. Point72 Asset Management L.P. bought a new stake in shares of FireEye during the first quarter valued at $5,296,000. First Financial Equity Corporation bought a new stake in shares of FireEye during the first quarter valued at $230,000. Oak Associates Ltd. OH boosted its stake in shares of FireEye by 5.5% in the first quarter. Oak Associates Ltd. OH now owns 24,825 shares of the information security company’s stock valued at $313,000 after buying an additional 1,285 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of FireEye by 1.6% in the first quarter. HighTower Advisors LLC now owns 163,141 shares of the information security company’s stock valued at $2,054,000 after buying an additional 2,571 shares in the last quarter. Finally, Paloma Partners Management Co bought a new stake in shares of FireEye during the first quarter valued at $1,202,000. 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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