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Fly News Breaks for July 29, 2015
FEYE
Jul 29, 2015 | 08:17 EDT
As noted earlier, Oppenheimer upgraded FireEye to Outperform from Perform. As reasons for the upgrade, the firm cited its positive Q2 checks suggesting that the company's revenue should come in above the mid-point of its guidance and changes in the company;'s business model which Oppenheimer believes should create long-term operating leverage. The firm thinks that earnings estimates for the company can increase. Target $58.
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