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FireEye Rips After Evercore Buy Initiation, Firm Sees 'FaaS' Upside
Tuesday, December 15, 2015 - 12:27pm | 396Shares of FireEye Inc (NASDAQ: FEYE) spiked higher by more than 4 percent Tuesday morning. Ken Talanian of Evercore ISI initiated coverage of FireEye with a Buy rating and $39 price target. Talanian noted the company is a cyber security leader and concerns over increased competition are...
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FireEye Plunged 25%: Are Analysts Saying Now Is The Time To Buy?
Thursday, November 5, 2015 - 12:52pm | 1148Shares of FireEye Inc (NASDAQ: FEYE) plunged to a new 52-week low of $21.88 Thursday as shares lost nearly 25 percent of its value. FireEye reported a loss of $0.37 per share in its third quarter on revenue of $165.62, while analysts were looking for a loss of $0.45 per share on revenue of $...
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Analysts Mixed On FireEye After DC Event
Wednesday, October 14, 2015 - 2:38pm | 624Shares of FireEye Inc (NASDAQ: FEYE) lost more than 4 percent Wednesday morning, but are lower by more than 30 percent since its second-quarter print in late July. Analysts were mixed following the company's security conference in D.C. Karl Keirstead of Deutsche Bank maintained a Hold rating with...
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Don't Mind FireEye's CFO Departure, Here's Why The Stock Is Still A Buy
Friday, July 31, 2015 - 7:46am | 494Shares of FireEye Inc (NASDAQ: FEYE) have drifted lower after reporting quarterly earnings. FireEye's encouraging numbers might have overshadowed the company's earnings beat, but analysts aren't fazed. Wedbush: CFO Departure ‘Takes Off Some Shine,' Still A Buy Steve...
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Healthcare Companies Most Hit By Hackers Stealing M&A Data
Friday, June 26, 2015 - 1:02pm | 387In December, Bloomberg had reported that hackers with knowledge of Wall Street's workings stole M&A data from over 80 companies. Bloomberg, citing security consultants, said that the data was stolen over a period of one year. More than two-thirds of the companies targeted by hackers were...
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Exclusive: PureFunds CEO Andrew Chanin Talks Investing In Cybersecurity
Tuesday, June 9, 2015 - 3:27pm | 1000An investor who wants to take a tactical approach to investing in cybersecurity has two options – buy individual stocks or check out a company like PureFunds. PureFunds offers the only pure-play exchange-traded fund in the cybersecurity sector. PureFunds CEO Andrew Chanin spoke with...
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Cyber Stocks On The Move With Massive Federal Government Data Breach
Friday, June 5, 2015 - 1:25pm | 300Hackers in China are suspected of breaking into U.S. government computer networks to download a trove of data on federal government workers. Data housed in the Office of Personnel Management and the Interior Department was compromised. Experts suggest that the data might be used for a phishing...
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6 Analysts Commenting On FireEye After Meeting With Management
Thursday, June 4, 2015 - 1:05pm | 857FireEye Inc (NASDAQ: FEYE) held an Analyst Day presentation on Wednesday. Here are what six of Wall Street's top analysts are saying. Morgan Stanley: Still In The Early Days Melissa Gorham commented in a note that FireEye's Analyst Day presentation highlighted the company's...
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Why FireEye's Fundraising Could Indicate 'Potential Acquisitions'
Wednesday, May 27, 2015 - 1:31pm | 424A new report by Imperial Capital focuses on FireEye Inc (NASDAQ: FEYE)'s recent announcement of a $600 million convertible notes offering. Analysts mention the possibility that the funds could be used for an acquisition down the road. The Offering The $600 million offering will be...
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FBR: Cybersecurity Momentum 'Solid' And In 'Early Innings'
Tuesday, May 26, 2015 - 12:04pm | 295Analysts at FBR & Co. said in a new research note that there is "strong momentum" in cybersecurity following a "white hot" March quarter. This bodes well for continued gains in FireEye Inc (NASDAQ: FEYE), Palo Alto Networks Inc (NYSE: PANW), Check Point Software Technologies Ltd. (NASDAQ: CHKP...
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Cisco CEO Breaks 'Rule,' Denies FireEye Acquisition
Thursday, May 14, 2015 - 8:46am | 247Rumors emerged Wednesday that Cisco Systems, Inc. (NASDAQ: CSCO) had bid $9 billion for security-maker FireEye Inc (NASDAQ: FEYE). The publication of those rumors on Seeking Alpha caused FireEye to surge more than 5 percent. On Cisco's conference call Wednesday night, outgoing CEO John...
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Will FireEye Blow Investors Away Today?
Monday, April 13, 2015 - 9:03am | 770FireEye Inc (NASDAQ: FEYE) shares were down nearly 2 percent pre-market after "60 Minutes" featured the cyber security firm on Sunday night. Shares of the company are up 37 percent year-to-date, but worth noting, there are close to 30 peer plays that currently trade on U.S. exchanges. So,...
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New FireEye Interview On 60 Minutes: 13 Quotes Cybersecurity Investors Need To See
Sunday, April 12, 2015 - 8:07pm | 723On the latest episode of 60 Minutes, Steve Kroft dove into North Korea's cyber attack on Sony Corp (ADR) (NYSE: SNE) last winter. Kroft interviewed FireEye Inc (NASDAQ: FEYE) Chief Operating Officer Kevin Mandia -- the California-based IT company was hired by Sony to "clean up"...
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BlackBerry Could Be An M&A Target For These 10 Companies
Monday, March 30, 2015 - 7:20am | 1501BlackBerry Ltd (NASDAQ: BBRY) proved to be a profitable company in the fourth quarter, with an EPS of $0.05. It's an important step forward for the company, which is in the midst of a turnaround. Now that BlackBerry has returned to profitability (compared to its previous year's position...
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This Was 'Most Compelling' For FireEye, Barclays Notes
Thursday, February 12, 2015 - 12:43pm | 167Raimo Lenschow of Barclays on Thursday commented in a note that FireEye Inc (NASDAQ: FEYE) demonstrated strong growth in product and professional services in its fourth quarter results on Wednesday. Lenschow notes that the company's products which it introduced in fiscal 2014 like IPS doubled their...