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Zacks Investment Research downgraded FireEye Inc (NASDAQ:FEYE) to Hold in a statement released earlier today.

Zacks Investment Research has downgraded FireEye Inc(NASDAQ:FEYE) to Hold in a statement released on 9/19/2016.

Previously on 9/13/2016, Wunderlich reported about FireEye Inc(NASDAQ:FEYE) bumped the target price from $15.00 to $16.00 that indicated a possible upside of 0.09%.

Yesterday FireEye Inc (NASDAQ:FEYE) traded 3.14% lower at $13.58. FEYE’s 50-day average is $14.95 and its two hundred day moving average is $16.16. With the last stock price close down 15.95% relative to the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. Trading volume was down over the average, with 5,004,610 shares of FEYE changing hands under the typical 5,291,520 shares..

Recent Performance Chart:


FireEye Inc has a one-year low of $11.35 and a 52 week high of $36.89 . The company’s market capitalization is currently $0.0.

A total of 27 brokerages have issued a ratings update on the stock. Six firms rate the stock a strong buy, 10 analysts rate the company a buy, 19 analyts rate the company a hold, 0 rate the stock to underperform, and lastly 0 firmsrate the company as sell with a consensus target stock price of $22.41

About FireEye Inc (NASDAQ:FEYE)

FireEye, Inc. provides cybersecurity solution for detecting, preventing and resolving cyber-attacks. The Company’s cybersecurity solutions combine its purpose-built virtual-machine technology, threat intelligence and security in a suite of products and services. The Company’s cybersecurity platform includes a family of software-based appliances, endpoint agents, cloud-based subscription services, support and maintenance and other services. Its threat prevention appliance families address vectors of attack, such as Web, e-mail, file, endpoint and mobile. The Company operates throughout the United States and various international locations, including Australia, Dubai, India, Ireland, Japan, South Korea, Singapore, Taiwan, Turkey and the United Kingdom. The Company’s marketing activities include demand generation, advertising, product launch activities, managing its corporate Website and partner portal, trade shows and conferences, press and analyst relations, and and customer awareness.

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