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Equities researchers at Imperial Capital decreased their price target on shares of FireEye (NASDAQ:FEYE) from $40.00 to $38.00 in a research report issued on Thursday. The firm currently has an “in-line” rating on the stock. Imperial Capital’s price target would suggest a potential upside of 23.46% from the company’s current price.

A number of other analysts have also recently weighed in on FEYE. Analysts at Goldman Sachs reiterated a “buy” rating on shares of FireEye in a research note on Wednesday. Separately, analysts at Nomura cut their price target on shares of FireEye from $55.00 to $48.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at FBR Capital Markets cut their price target on shares of FireEye from $70.00 to $58.00 in a research note on Wednesday. They now have an “outperform” rating on the stock. Eight analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. FireEye presently has an average rating of “Buy” and an average price target of $54.72.

FireEye (NASDAQ:FEYE) traded up 3.59% during mid-day trading on Thursday, hitting $31.8843. 2,533,595 shares of the company’s stock traded hands. FireEye has a one year low of $25.58 and a one year high of $97.35. The stock’s 50-day moving average is $36.18 and its 200-day moving average is $50.61. The company’s market cap is $4.524 billion. FireEye also was the recipient of some unusual options trading on Tuesday. Stock traders bought 26,241 put options on the stock. This represents an increase of 604% compared to the average daily volume of 3,730 put options.

FireEye (NASDAQ:FEYE) last announced its earnings results on Tuesday, August 5th. The company reported ($0.55) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.60) by $0.05. The company had revenue of $94.50 million for the quarter, compared to the consensus estimate of $90.12 million. During the same quarter in the previous year, the company posted ($0.53) earnings per share. The company’s revenue for the quarter was up 184.5% on a year-over-year basis. On average, analysts predict that FireEye will post $-2.17 earnings per share for the current fiscal year.

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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