FireEye (FEYE) Tops Q1 EPS by 17c, FY EPS Guidance Tops Views

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FireEye, Inc (FEYE) PT Raised to $15 at Cowen; Better, But Questions Remain

May 3, 2017 6:53 AM EDT

Cowen raised its price target on FireEye, Inc (NASDAQ: FEYE) to $15.00 (from $13.00) while maintaining a Market Perform rating following better-than-expected Q1 results.

Analyst Gregg Moskowitz notes billings, revenue and EPS all meaningfully exceeded the company's low guidance.

"While the strong after-hours spike... More