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Fly News Breaks for September 3, 2015
V, FEYE
Sep 3, 2015 | 06:55 EDT
After meeting with management, Piper Jaffray analyst Andrew Nowinski says FireEye (FEYE) will announce an expanded partnership with Visa (V) at the upcoming FireEye Cyber Defense Summit in October. The partnership will include a new subscription service which will be sold to Visa's customer base, Nowinski tells investors in a research note. The analyst left the meeting "more positive on the opportunities that lie ahead for FireEye." He reiterates an Overweight rating on the stock with a $60 price target.