JPMorgan analyst Sterling Auty expects shares of FireEye to "recover quickly" from the post-earnings selloff. News of the CFO exit hit the stock as some investors were likely still expecting a takeout following news reports in May, Auty tells investors in research note. Nonetheless, FireEye delivered accelerated billings growth and for the first time positive cash flow, he points out. Auty keeps an Overweight rating on FireEye with a $54 price target following the company's better than expected Q2 results. The cybersecurity solution provider is trading down $2.14 to $45.62 in the pre-market.