FireEye +2.5% on post-lockup Barclays upgrade


"FireEye (FEYE) continues to be one of the most disruptive technology names with its differentiated, virtual-machine-based approach to security," declares Barclays' Raimo Lenschow while upping shares to Overweight. His PT has been lowered by $10 to $40.

Shares now +29% from last week's low of $25.58, aided by short-covering and relief over the passing of Wednesday's lockup expiration.

Previous: Nomura reiterates Buy on FireEye

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Comments (3)
  • wil3714
    , contributor
    Comments (2273) | Send Message
     
    disruptive vibe Mandiant
    23 May 2014, 10:51 AM Reply Like
  • rkw29
    , contributor
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    So the reasoning behind the upgrade is because the recent drop adds "valuation". Seriously?
    It has gone from ridiculously obscenely overvalued to just very overvalued. But by all means buy!
    23 May 2014, 11:42 AM Reply Like
  • tcorpening
    , contributor
    Comments (2) | Send Message
     
    FEYE---symbol does not work on Metastock, so cannot see chart on but can see it on TC2000---and it says has bottomed, formed a small base, and is headed for 33-36. Is wild mover. Buying is not based on EPS but on prospects and its products.
    25 May 2014, 06:12 AM Reply Like
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