FireEye (FEYE) : 20 analysts are covering FireEye (FEYE) and their average rating on the stock is 2.4, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 14 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
FireEye (FEYE) stock is expected to deviate a maximum of $7.23 from the average target price of $19.86 for the short term period. 14 Street Experts have initiated coverage on the stock with the most promising target being $36 and the most muted being $13.
Also, Equity Analysts at the Imperial Capital downgrades the rating on FireEye (NASDAQ:FEYE). The brokerage firm has issued a In-line rating on the shares. The shares were previously rated Outperform. The Analysts at the ratings agency lowers the price target from $25 per share to $15 per share. The rating by the firm was issued on August 9, 2016.
FireEye (NASDAQ:FEYE): After opening at $14.04, the stock dipped to an intraday low of $13.95 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $14.21 and the buying power remained strong till the end. The stock closed at $14.08 for the day, a gain of 0.43% for the day session. The total traded volume was 3,629,809. The stocks close on the previous trading day was $14.02.
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.