Morgan Keegan Maintains Outperform Rating and $33 PT on Sourcefire

A report from Morgan Keegan reiterates its Outperform rating and $33 price target on Sourcefire

. The report states, “Overall, we believe that increasing awareness of the escalating threat environment and the need for a deeper layer of network security beyond traditional firewall technology continues to drive spending on solutions for intrusion detection and prevention. In our opinion, SourceFire remains well positioned for share gains and to capitalize on the large adjacent opportunity in the next-gen firewall market." FIRE closed yesterday at $27.02.