OTR Global Upgrades FireEye
Shares of FireEye Inc (NASDAQ: FEYE) were up sharply in Tuesday’s session amid an upgrade from OTR Global.
Analysts at OTR Global upgraded FireEye shares from Mixed to Positive. Analysts at the firm find that third quarter demand for FireEye products got a boost from the highly publicized security breaches.
In addition, analysts note forecasts for the fourth quarter were also strong.
Shares of FireEye recently traded at $33.30, up 7.5 percent.
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