FireEye Now Covered by Merrill Lynch (FEYE)
Equities researchers at Merrill Lynch began coverage on shares of FireEye (NASDAQ:FEYE) in a research report issued on Tuesday, American Banking News.com reports. The firm set a “buy” rating on the stock.
FireEye (NASDAQ:FEYE) traded down 1.88% on Tuesday, hitting $40.77. The stock had a trading volume of 762,181 shares. FireEye has a 1-year low of $35.25 and a 1-year high of $44.89. The stock has a 50-day moving average of $40.24 and a 200-day moving average of $40.24. The company’s market cap is $4.789 billion.
Several other analysts have also recently commented on the stock. Analysts at Nomura initiated coverage on shares of FireEye in a research note to investors on Tuesday. They set a “buy” rating and a $51.00 price target on the stock. Separately, analysts at Morgan Stanley initiated coverage on shares of FireEye in a research note to investors on Tuesday. They set an “equal weight” rating on the stock. Finally, analysts at Barclays initiated coverage on shares of FireEye in a research note to investors on Tuesday. They set an “equal weight” rating and a $45.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $47.51.
FireEye, Inc invented a purpose-built, virtual machine-based security platform that provides real-time protection to enterprises and governments worldwide against the next generation of cyber attacks.
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