In a report released today, Shaul Eyal from Oppenheimer assigned a Buy rating to FireEye (FEYE), with a price target of $18.00. The company’s shares closed last Tuesday at $15.30.
According to TipRanks.com, Eyal is a top 100 analyst with an average return of 21.4% and a 71.6% success rate. Eyal covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Nuance Communications, and Ping Identity Holding.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for FireEye with a $16.85 average price target, implying a 5.8% upside from current levels. In a report issued on July 29, Robert W. Baird also maintained a Buy rating on the stock.
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The company has a one-year high of $18.34 and a one-year low of $7.54. Currently, FireEye has an average volume of 5.07M.
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FireEye, Inc. operates as a intelligence-led security company. The firm engages in the intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber attacks. It operates through the following geographical segments: United States; EMEA; APAC; and Other. Its solutions include Enterprise Security; Managed Security; Threat Intelligence; and Industry Solutions. The company was founded by Ashar Aziz in February 2004 and is headquartered in Milpitas, CA.
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