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Fly News Breaks for March 9, 2016
FEYE
Mar 9, 2016 | 05:54 EDT
Piper Jaffray analyst Andrew Nowinski upgraded FireEye to Overweight saying the company's transition to an as-a-service model will be successful. The analyst expects FireEye to reach profitability in the second half of 2017 and raised his price target for the shares to $24 from $15. The threat protection security company closed yesterday down 85c to $17.84.
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