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Fly News Breaks for September 25, 2017
FEYE
Sep 25, 2017 | 07:58 EDT
BofA/Merrill analyst Tal Liani raised Buy rated FireEye's price target to $21 from $18 to reflect progress on its turnaround, low expectations and industry momentum. The analyst sees significant upside to consensus estimates driven by new network hardware that can drive a customer refresh cycle and average deal size, lower coast cloud based solutions that can drive mid-market share, higher adoption of Helix, and anti-virus certification by quarter-end for its industry leading Enterprise detection and response solutions.
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