Vetr upgraded shares of FireEye, Inc. (NASDAQ:FEYE) from a buy rating to a strong-buy rating in a research note released on Thursday. The brokerage currently has $17.53 price objective on the information security company’s stock.

Other research analysts have also recently issued research reports about the company. Stephens reiterated an equal weight rating and set a $14.00 price objective (up previously from $12.00) on shares of FireEye in a research note on Wednesday, May 3rd. William Blair upgraded FireEye from a market perform rating to an outperform rating and lowered their price objective for the company from $13.95 to $12.21 in a research note on Wednesday, May 3rd. Stifel Nicolaus reiterated a buy rating on shares of FireEye in a research note on Wednesday, July 19th. JMP Securities reiterated a market perform rating on shares of FireEye in a research note on Wednesday, May 3rd. Finally, BMO Capital Markets lifted their price objective on FireEye from $11.00 to $15.00 and gave the company a market perform rating in a research note on Wednesday, May 3rd. Two analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. FireEye currently has an average rating of Hold and a consensus target price of $15.54.

FireEye (NASDAQ:FEYE) traded down 4.25% during midday trading on Thursday, reaching $14.63. The company had a trading volume of 10,691,309 shares. The stock’s market capitalization is $2.61 billion. The company has a 50-day moving average of $15.41 and a 200-day moving average of $13.43. FireEye has a 12-month low of $10.35 and a 12-month high of $17.90.

TRADEMARK VIOLATION WARNING: “FireEye, Inc. (NASDAQ:FEYE) Upgraded by Vetr Inc. to Strong-Buy” was originally reported by Watch List News and is the property of of Watch List News. If you are reading this news story on another site, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The original version of this news story can be read at https://www.watchlistnews.com/fireeye-inc-nasdaqfeye-upgraded-by-vetr-inc-to-strong-buy/1464563.html.

Several institutional investors have recently added to or reduced their stakes in the company. Private Advisor Group LLC raised its position in FireEye by 1.2% in the first quarter. Private Advisor Group LLC now owns 18,128 shares of the information security company’s stock worth $222,000 after buying an additional 220 shares during the period. WFG Advisors LP raised its position in FireEye by 2.3% in the first quarter. WFG Advisors LP now owns 30,065 shares of the information security company’s stock worth $379,000 after buying an additional 671 shares during the period. Public Employees Retirement Association of Colorado raised its position in FireEye by 2.1% in the second quarter. Public Employees Retirement Association of Colorado now owns 35,274 shares of the information security company’s stock worth $537,000 after buying an additional 714 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in FireEye by 6.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 15,930 shares of the information security company’s stock worth $201,000 after buying an additional 959 shares during the period. Finally, Bourgeon Capital Management LLC raised its position in FireEye by 2.5% in the first quarter. Bourgeon Capital Management LLC now owns 50,350 shares of the information security company’s stock worth $635,000 after buying an additional 1,250 shares during the period. 67.94% of the stock is owned by hedge funds and other institutional investors.

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).

To view Vetr’s full report, visit Vetr’s official website.

Analyst Recommendations for FireEye (NASDAQ:FEYE)

Receive News & Ratings for FireEye Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FireEye Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.