FireEye (FEYE) Receives Price Target

FireEye (FEYE) : Currently there are 15 street experts covering FireEye (FEYE) stock. The most bullish and bearish price target for the stock is $36 and $13 respectively for the short term. The average price target of all the analysts comes to $20.27. The estimated standard deviation from the target is $7.26.

FireEye (FEYE) : The consensus on FireEye (FEYE) based on 21 analyst recommendation on the company stock is 2.24, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 13 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.


Also, Imperial Capital downgrades its rating on FireEye (NASDAQ:FEYE). The global brokerage major lowers the current price target from $25 per share to $15 per share. Analysts at the Imperial Capital have a current rating of In-line on the shares. The shares were previously rated Outperform. The rating by the firm was issued on August 9, 2016.

FireEye (NASDAQ:FEYE): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.43 and $14.36 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.54. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.19, notching a gain of 5.78% for the day. The total traded volume was 8,582,468 . The stock had closed at $14.36 on the previous day.

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.

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