Tag Archives: feye

FireEye Software Security Firm Gets Price Target Hike

FireEye (FEYE) stock got a price target hike on Tuesday, on the heels of its $1 billion acquisition last week of Mandiant, and the stock hit another record high. Analyst Rick Sherlund at Nomura raised his price target on FireEye to 65 from 51. The upgrade follows a presentation FireEye held with analysts in New York on Monday to provide greater detail on its expanding road map. FireEye stock was up nearly 4%, near 60.75, in afternoon trading in

Investors Applaud FireEye Acquisition Of Mandiant

FireEye’s (FEYE) acquisition of Mandiant, which the companies announced late Thursday, was called “shrewd” and “game changing” by analysts, and the security software maker’s stock soared Friday. FireEye stock, which started trading in September at $20, soared nearly 30% in morning trading in the stock market today, to by far an all-time high near 53.50. The company also late Thursday boosted its guidance on Q4 revenue, which would beat analyst

Security Firm FireEye Stock Vaults On $1 Billion Deal

FireEye (FEYE) stock, which fell 5.7% in Thursday’s regular session, was up 21.5% in after-hours trading Thursday, after the company announced a big acquisition. The company said it acquired privately held Mandiant in a deal valued at about $1 billion. Next-generation security firm FireEye aims to hone its focus on preventing and dealing with advanced kinds of cybersecurity threats. Mandiant, in February, made the high-profile claim that China was