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Equities researchers at Imperial Capital lifted their price target on shares of FireEye (NASDAQ:FEYE) from $30.00 to $40.00 in a research report issued on Tuesday. The firm currently has an “in-line” rating on the stock. Imperial Capital’s price target would indicate a potential downside of 1.36% from the company’s current price.

In other FireEye news, SVP Bahman Mahbod sold 49,677 shares of the company’s stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $37.75, for a total value of $1,875,306.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

FireEye (NASDAQ:FEYE) traded up 2.05% on Tuesday, hitting $41.38. 3,103,717 shares of the company’s stock traded hands. FireEye has a 1-year low of $25.58 and a 1-year high of $97.35. The stock has a 50-day moving average of $33.93 and a 200-day moving average of $53.44. The company’s market cap is $6.004 billion.

FireEye (NASDAQ:FEYE) last released its earnings data on Tuesday, May 6th. The company reported ($0.53) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.53). The company had revenue of $74.00 million for the quarter, compared to the consensus estimate of $71.65 million. The company’s quarterly revenue was up 160.6% on a year-over-year basis. Analysts expect that FireEye will post $-2.22 EPS for the current fiscal year.

A number of other firms have also recently commented on FEYE. Analysts at Summit Research initiated coverage on shares of FireEye in a research note on Monday, June 16th. They set a “buy” rating and a $45.00 price target on the stock. Separately, analysts at Barclays upgraded shares of FireEye from an “equal weight” rating to an “overweight” rating in a research note on Friday, May 23rd. They now have a $40.00 price target on the stock, down previously from $50.00. They noted that the move was a valuation call. Finally, analysts at Nomura reiterated a “buy” rating on shares of FireEye in a research note on Monday, May 19th. Nine equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $55.35.

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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