Stock Update (NASDAQ:FEYE): FireEye Inc Recognizes Optiv, Hewlett Packard Enterprise and Carahsoft as Global Partners of the Year

FireEye Inc (NASDAQ:FEYE), the leader in stopping today’s advanced cyber attacks, today announced the winners of its 2015 global partner awards. Each award recognizes the achievements of the top FireEye partners in 2015, highlighting their contributions to help protect customers around the world and the growth of their security business with FireEye. This year’s award ceremony was held at FireEye Momentum, the company’s recent annual partner and sales conference.

“Our partnership with FireEye has helped us develop new service opportunities and extend our security practice to protect our clients against advanced attacks with the best solutions available,” said Dan Wilson, executive vice president of partner solutions at Optiv. “The partner of the year award is recognition of the work the Optiv team has put into providing the best solutions for our clients, and we’re excited about the new offerings from FireEyeand look forward to growing our FireEye practice in the coming year.”

“Partners are key to the success of FireEye, and together we’re expanding the markets we serve and offering the right mix of technology, intelligence and expertise to help keep our customers secure,” said David DeWalt, FireEye chairman of the board and chief executive officer. “These awards call out the partners who are leading the way with innovative approaches to security that match the pace of a fast moving threat landscape. We’re very pleased to acknowledge their success with FireEye.” (Original Source)

Shares of FireEye closed last Friday at $13.89. FEYE has a 1-year high of $55.33 and a 1-year low of $11.35. The stock’s 50-day moving average is $15.26 and its 200-day moving average is $26.45.

On the ratings front, FireEye has been the subject of a number of recent research reports. In a report issued on February 12, Deutsche Bank analyst Karl Keirstead maintained a Hold rating on FEYE, with a price target of $15, which implies an upside of 8.0% from current levels. Separately, on the same day, FBN’s Shebly Seyrafi reiterated a Buy rating on the stock and has a price target of $18.

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Karl Keirstead and Shebly Seyrafi have a total average return of -6.8% and -3.0% respectively. Keirstead has a success rate of 34.3% and is ranked #3399 out of 3637 analysts, while Seyrafi has a success rate of 47.8% and is ranked #3070.

Overall, 6 research analysts have assigned a Hold rating and 10 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $29.00 which is 108.8% above where the stock closed last Friday.

FireEye Inc provides cybersecurity solution for detecting, preventing and resolving cyber-attacks that evade legacy signature-based security products. Its solutions include traditional and next-generation firewalls, IPS, anti-virus, and gateways.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts