FireEye (FEYE) Tops Q4 EPS by 1c
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February 12, 2016 9:27 AM EST
Oppenheimer analyst Shaul Eyal lowered his price target on FireEye, Inc (NASDAQ: FEYE) to $35.00 (from $39.00) while maintaining an Outperform rating following Q4 results. The firm sees a clearer path in 2016.
Eyal commented, "Consistent with its 1/21 positive pre-announcement FEYE's 4Q15 revenue came... More
February 12, 2016 6:47 AM EST
Wells Fargo analyst, Gray Powell, sees signs of stabilization at FireEye (NASDAQ: FEYE) but notes that there needs to be consistency before the stock is rewarded. Much of the upside came from the acquisition but this is a good start at a potential trend as the company migrates its customers to cloud based technologies with subscription billing.
FEYE reported Q4 results that were in line with the companys recent earnings preannouncement. FEYE had already provided guidance for 2016 on an organic basis, so there were no major surprises in the outlook. However, Q1... More
