FireEye (FEYE) Receives a Hold from Wedbush


Wedbush analyst Daniel Ives maintained a Hold rating on FireEye (FEYE) today and set a price target of $12.00. The company’s shares closed last Tuesday at $11.42.

According to TipRanks.com, Ives is a 4-star analyst with an average return of 4.8% and a 54.8% success rate. Ives covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Nuance Communications, and Palo Alto Networks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for FireEye with a $13.93 average price target.

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The company has a one-year high of $18.35 and a one-year low of $7.54. Currently, FireEye has an average volume of 4.23M.

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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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