Lazard Capital Maintains a 'Buy' on Sourcefire (FIRE); Potentially Large Increase in Int'l Sales; Shares Tap New 52-Wk High

Lazard Capital maintains a 'Buy' on Sourcefire (NASDAQ: FIRE) price target raised from $43 to $50.

Analyst, Joel Fishbein, feels that FIRE's international sales have potential for continued growth, becoming as much as 40% of the company's overall sales (up from 25%.

A ThinkEquity analyst said (in an earlier report) that Sourcefire is gaining momentum as companies increase spending in cybersecurity and governments want more protection from hackers and criminals.

Currently, shares are trading at $48.31, up $3.19 (+7.09%), well above the company's previous 52-wk high of $46.46.

For an analyst ratings summary and ratings history on Sourcefire click here. For more ratings news on Sourcefire click here.

Shares of Sourcefire closed at $45.09 yesterday.

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