Fireeye Inc (NDAQ:FEYE) has been upgraded from Neutral to Buy in a statement by Bank of America (Merrill Lynch) earlier today.
- Updated: March 20, 2017
Bank of America (Merrill Lynch) has upgraded Fireeye Inc (NDAQ:FEYE) from Neutral to Buy in a statement released on 3/20/2017.
Boasting a price of $11.64, Fireeye Inc (NDAQ:FEYE) traded 9.26% higher on the day. With the last stock price close down -8.56% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Fireeye Inc has recorded a 50-day average of $11.38 and a two hundred day average of $12.82. Volume of trade was down over the average, with 1,838,358 shares of FEYE changing hands under the typical 5,163,400
With a total market value of $0, Fireeye Inc has with a one year low of $10.35 and a one year high of $19.17 .
A total of 27 equity analysts have released a ratings update on FEYE. Six equity analysts rating the company a strong buy, ten equity analysts rating the company a buy, nineteen equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $22.41.
Brief Synopsis About Fireeye Inc (NDAQ:FEYE)
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). Its Subscription and Services offers Threat Intelligence Subscriptions, Security-as-a-Service Offerings, and Customer Support and Maintenance Services.
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