CyberArk Software (CYBR) is climbing on the stock market Tuesday after the U.S. government said it plans to establish a new agency to monitor cybersecurity threats. It also got an analyst upgrade, two days ahead of its fourth-quarter report. Meanwhile, industry group peer Qualys (QLYS) issued view-topping quarterly results late Monday. Its shares are surging more than 14%. FireEye (FEYE), another cybersecurity firm, releases its Q4 results on
Network security company FireEye’s (FEYE) growth potential earned the network security company an upgrade from JPMorgan on Thursday. JPMorgan analyst Sterling Auty upgraded FireEye to overweight from neutral and reiterated a 54 price target. “Expectations have actually gotten quite low — hard to imagine for such a fast-growing company,” Auty said. “But we believe investors’ concerns about competition and the level of operating losses have grown
FBN Securities initiated coverage of security software maker FireEye (FEYE) on Monday with an outperform rating, calling its technology leading edge. FBN analyst Shebly Seyrafi set a price target on FireEye at 65. FireEye stock was up as much as 4% in early trading Monday, but was flat in early afternoon trading in the stock market today, near 50.40. FireEye makes software that business and government customers use to identify and block malware