FireEye (FEYE) has an average broker rating of 2.27, which is interpreted as a Buy, as rated by 22 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 14 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.
FireEye (FEYE) : The consensus price target for FireEye (FEYE) is $20.31 for the short term with a standard deviation of $6.98. The most optimist securities analyst among the 16 who monitor the stock believes that the stock can reach $36, however, the pessimist price target for the company is $13.
For the current week, the company shares have a recommendation consensus of Buy. FireEye (NASDAQ:FEYE): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.92 and $13.91 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.64. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.46, notching a gain of 3.95% for the day. The total traded volume was 5,725,326 . The stock had closed at $13.91 on the previous day.
In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director officer (President) of Fireeye, Inc., Mandia Kevin R. had purchased shares worth of $350,520 in a transaction dated on May 16, 2016. A total of 27,600 shares were purchased at a price of $12.7 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
FireEye, Inc. provides cybersecurity solution for detecting, preventing and resolving cyber-attacks. The Companys cybersecurity solutions combine its virtual-machine technology, threat intelligence and security in a suite of products and services. Its virtual machine-based technology delivers detection and prevention, and to provide real-time protection to enterprises and governments across the world. Its cybersecurity platform includes a family of software-based appliances, cloud-based subscription services, support and maintenance and other services. Its threat prevention appliance families address vectors of attack: Web, email, file, endpoint and mobile. It operates throughout the United States and various international locations, including Australia, Dubai, India, Ireland, Japan, South Korea, Singapore, Taiwan, Turkey and the United Kingdom. Its marketing team consists of corporate marketing, channel marketing, account/lead development, operations and corporate communications.