Analysts Offer Insights on Technology Companies: Tenable Holdings Inc (TENB) and FireEye Inc (FEYE)


There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Tenable Holdings Inc (TENB) and FireEye Inc (FEYE) with bullish sentiments.

Tenable Holdings Inc (TENB)

Wedbush analyst Daniel Ives maintained a Buy rating on Tenable Holdings Inc today and set a price target of $44. The company’s shares closed yesterday at $35.90.

According to TipRanks.com, Ives is a 5-star analyst with an average return of 7.9% and a 63.5% success rate. Ives covers the Technology sector, focusing on stocks such as Nuance Communications, Pivotal Software Inc, and Verint Systems Inc.

Tenable Holdings Inc has an analyst consensus of Moderate Buy, with a price target consensus of $35.

See today’s analyst top recommended stocks >>

FireEye Inc (FEYE)

In a report released today, Robert Breza from Northland Securities reiterated a Buy rating on FireEye Inc, with a price target of $27. The company’s shares closed yesterday at $16.02.

According to TipRanks.com, Breza is a 5-star analyst with an average return of 13.9% and a 63.6% success rate. Breza covers the Technology sector, focusing on stocks such as Coupa Software Inc, MobileIron, Inc., and Salesforce.com.

Currently, the analyst consensus on FireEye Inc is a Moderate Buy with an average price target of $21, representing a 31.1% upside. In a report issued on April 29, Robert W. Baird also maintained a Buy rating on the stock with a $23 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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