FireEye surges on Cowen coverage launch

Three weeks after the company delivered blistering IPO, FireEye (FEYE +6.8%) has been assigned an Outperform rating and $50 PT by Cowen.

Shares +108% from an IPO price of $20. Underwriter coverage launches should arrive soon.

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Comments (3)
  • Nitin B. Sharma
    , contributor
    Comments (209) | Send Message
    i would love to see this report. how the heck can someone put a $50 PT on this stock? unbelievable.
    10 Oct 2013, 11:13 AM Reply Like
  • cytrax
    , contributor
    Comments (186) | Send Message
    LOL.. Your post is hilarious!


    You have to love these analysts. This is the same stock that was priced at $20 just couple of weeks ago. Mind you, that was not even conservative.It has since doubled yet someone is coming out to say "BUY BUY BUY". They get fools all the time though. So power to them!
    10 Oct 2013, 11:24 AM Reply Like
  • ReluctantTrader
    , contributor
    Comments (2) | Send Message
    Not surprising considering that the FireEye CEO appears to have worked with the Cowen group when he was the CEO for McAfee?
    22 Oct 2013, 06:05 PM Reply Like
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