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FireEye downgraded amid fierce competition

Posted 3 October 2014 by coastvan
NEW YORK (MarketWatch) - Cyber security company FireEye Inc. was downgraded to underperform from market perform on Friday by Northland Capital Markets. The brokerage cited "heightened competition" and slowing revenue for the bearish outlook. Northland said FireEye's growth is still robust, but has slowed amid competition from Palo Alto Networks Inc. , Proofpoint Inc. and privately-held Cyphort ...

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  • Post Title: FireEye downgraded amid fierce competition
  • Date Posted: 3 October 2014
  • Author: coastvan
  • Filed As: Uncategorized
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