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Strategies & Market Trends : The New Economy and its Winners
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To: 2MAR$ who wrote (57081)5/23/2014 9:19:14 AM
From: JakeStraw  Read Replies (2) of 57684
 
FEYE lil gap up this am 33s
FireEye shares rose 2.6% in premarket trade Friday after Barclays upgraded the stock to overweight and said the recent pullback among high-valuation stocks has created a compelling buying opportunity. "FireEye continues to be one of the most disruptive technology names with its differentiated, virtual-machine-based approach to security," analyst Raimo Lenschow said in a note. The analyst lowered his price target on the stock FEYE +2.36% to $40 from $50, however. "We believe current valuation levels are now much more reasonable and present an attractive entry point for investors," he said.

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