FireEye, Inc. (NASDAQ:FEYE)‘s stock had its “buy” rating reissued by analysts at Stifel Nicolaus in a note issued to investors on Wednesday.

Several other brokerages have also issued reports on FEYE. Barclays PLC reiterated an “equal weight” rating and issued a $14.00 target price (up from $10.00) on shares of FireEye in a research report on Wednesday, May 3rd. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a $17.00 target price (up from $15.00) on shares of FireEye in a research report on Wednesday, May 3rd. Wedbush upped their target price on shares of FireEye from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 3rd. Evercore ISI reiterated a “buy” rating and issued a $16.00 target price (up from $14.00) on shares of FireEye in a research report on Wednesday, May 3rd. Finally, BidaskClub lowered shares of FireEye from a “hold” rating to a “sell” rating in a research report on Thursday, July 6th. Two investment analysts have rated the stock with a sell rating, twenty-three have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. FireEye currently has a consensus rating of “Hold” and a consensus price target of $15.54.

FireEye (FEYE) traded up 2.75% during midday trading on Wednesday, hitting $16.05. The stock had a trading volume of 3,299,340 shares. The stock has a 50-day moving average of $15.33 and a 200-day moving average of $13.26. FireEye has a 52 week low of $10.35 and a 52 week high of $18.42. The firm’s market cap is $2.86 billion.

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Several hedge funds have recently made changes to their positions in FEYE. Bank of Montreal Can increased its stake in shares of FireEye by 37.4% in the first quarter. Bank of Montreal Can now owns 7,887 shares of the information security company’s stock valued at $100,000 after buying an additional 2,147 shares during the last quarter. Brave Asset Management Inc increased its stake in shares of FireEye by 138.9% in the second quarter. Brave Asset Management Inc now owns 8,600 shares of the information security company’s stock valued at $142,000 after buying an additional 5,000 shares during the last quarter. Financial Architects Inc increased its stake in shares of FireEye by 30.0% in the second quarter. Financial Architects Inc now owns 9,030 shares of the information security company’s stock valued at $148,000 after buying an additional 2,083 shares during the last quarter. Salem Investment Counselors Inc. purchased a new stake in shares of FireEye during the third quarter valued at approximately $138,000. Finally, Fairfield Bush & CO. purchased a new stake in shares of FireEye during the first quarter valued at approximately $180,000. Hedge funds and other institutional investors own 67.37% of the company’s stock.

FireEye Company Profile

FireEye, Inc provides intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber-attacks. The Company offers various products, such as Threat Detection and Prevention Solutions, which include network security products (NX and Multi-vector Virtual Execution (MVX) Compute Node Series), e-mail security products (EX Series and e-mail threat prevention cloud (ETP), endpoint security products (HX Series) and content security products (FX Series); security management and orchestration products, which include Central Management System and FireEye Security Orchestrator, and forensics and investigation products, which include Threat Analytics Platform (TAP), Malware Analysis (AX Series) and Enterprise Forensics (PX Series and IA Series).

Analyst Recommendations for FireEye (NASDAQ:FEYE)

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