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Topeka Capital Downgrades Sourcefire (FIRE) to Hold

July 23, 2013 11:49 AM EDT
Get Alerts FIRE Hot Sheet
Price: $75.96 --0%

Rating Summary:
    3 Buy, 13 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 9 | Down: 19 | New: 5
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Topeka Capital downgraded Sourcefire (NASDAQ: FIRE) from Buy to Hold. The downgrade follows news Cisco Systems (Nasdaq: CSCO) intends to acquire Sourcefire for $76 per share. Analyst Frederick Ziegel does not think a bidding war will emerge.

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 $59.08 yesterday.


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Analyst Comments, Downgrades