Market Overview

ThinkEquity Reiterates McAfee, Inc. (MFE) Buy Rating

Share:

ThinkEquity LLC analysts Jonathan Ruykhaver and Aleksandr (Alex) Zukin reiterated their Buy rating for shares of McAfee, Inc. (NYSE: MFE).

The analysts believed that two of the biggest threats to McAfee, Inc are an increasingly competitive environment with other vendors offering increasing security functionality at lower prices and that the saturated security market provides limited room for long term growth.

However, the analysts said that they believe that McAfee, Inc. is well positioned for share gains in both the business and consumer markets.

The ThinkEquity LLC analyst wrote, "our partner checks highlight continued focus on vendor consolidation and operational cost savings, a trend for which we believe McAfee is well-positioned, given its suite product strategy. Overall, within the enterprise, we sense that improvements in deals' size and closure rates amidst an increasing cybersecurity threat environment has driven continued share gains. Within the consumer market, we believe McAfee remains well-positioned for share gains as well, given positive PC refresh cycle and strong OEM/ISP channels."

Posted-In: Aleksandr (Alex) Zukin Jonathan Ruykhaver ThinkEquity LLCAnalyst Color Analyst Ratings Tech

 

Related Articles (MFE)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
YEXTMorgan StanleyMaintains15.0
WKMorgan StanleyMaintains42.0
RAMPMorgan StanleyMaintains58.0
PDMorgan StanleyMaintains34.0
HTHTDaiwa CapitalDowngrades
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Think Equity Has Buy Rating On Brocade Shares (BRCD)

Alcoa Earnings Preview - Zacks Tale of the Tape