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Q4 Earnings: The Cybersecurity Report Card
Thursday, March 2, 2017 - 12:28pm | 741The cybersecurity space, which is dominated by Israel-bred companies, ringed in a mixed performance for the calendar year fourth quarter. There were hits and misses, and accordingly, there were up and down moves in their respective stocks. The mixed showing comes despite the geopolitical...
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Goldman Downgrades FireEye To Sell; 'Fundamentals Likely Remain Challenged Through 2017'
Tuesday, November 22, 2016 - 9:40am | 288FireEye Inc (NASDAQ: FEYE) is going through several meaningful business model and product transitions, which Goldman Sachs’ Gabriela Borges believes could create medium-term risk to the stock and expectations. Borges downgraded the rating on the company from Neutral to Sell, while lowering...
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Imperial Capital's Favorites In Cybersecurity Ahead Of Q2 Earnings
Thursday, July 21, 2016 - 12:25pm | 596Imperial Capital listed out FireEye Inc (NASDAQ: FEYE), Qualys Inc (NASDAQ: QLYS) and Varonis Systems Inc (NASDAQ: VRNS) as its cybersecurity picks heading into second-quarter earnings. The Sector Despite seeing mixed spending trends for larger transactions, the brokerage projects higher growth in...
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Barclays On FireEye: Exec Shuffle Lowers Any Acquisition Premium In Stock
Friday, May 6, 2016 - 2:07pm | 326Barclays said the recent executive shuffle at FireEye Inc (NASDAQ: FEYE) "lowers any acquisition premium in the stock," which plunged 19 percent after the cybersecurity firm said Chief Executive David DeWalt would step down on June 15 and be succeeded by President Kevin Mandia. FireEye also...