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Fly News Breaks for February 7, 2019
FEYE
Feb 7, 2019 | 08:39 EDT
Baird analyst Jonathan Ruykhaver said he was "distinctly encouraged" by FireEye's underlying Q4 results. He noted the weak Q1 guidance, but he was encouraged by the full-year guidance and management commentary. The analyst believes the long term bull thesis remains intact and he would be a buyer on post-earnings weakness. Ruykhaver reiterated his Outperform rating and $23 price target on FireEye shares.
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