FireEye Software Security Firm Gets Price Target Hike

By | January 7, 2014

Scalper1 News

FireEye (FEYE) stock got a price target hike on Tuesday, on the heels of its $1 billion acquisition last week of Mandiant, and the stock hit another record high. Analyst Rick Sherlund at Nomura raised his price target on FireEye to 65 from 51. The upgrade follows a presentation FireEye held with analysts in New York on Monday to provide greater detail on its expanding road map. FireEye stock was up nearly 4%, near 60.75, in afternoon trading in Scalper1 News

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