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Stock Market & Financial Investment News

News Breaks
January 15, 2014
06:30 EDTFEYE, SYMC, PANW, CHKPNew Internet security companies say older products don't work, NY Times says
Newer Internet security companies like FireEye (FEYE) and Palo Alto Networks (PANW) are arguing that the products of their older competitors like Symantec (SYMC) and Check Point (CHKP_ have proven vulnerable to attack, according to The New York Times. The newer companies say that the biggest problems with the older products is that they react to threats instead of anticipating them, the newspaper added. Reference Link
News For FEYE;PANW;SYMC;CHKP From The Last 14 Days
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June 26, 2015
14:04 EDTSYMCSymantec sale of Veritas business has slowed, dealReporter says
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10:56 EDTFEYE, PANWBarclays calls Fortinet, Palo Alto best bets in cybersecurity sector
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10:00 EDTCHKPOn The Fly: Analyst Initiation Summary
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10:00 EDTFEYEOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: ARM Holdings (ARMH) downgraded to Underperform from Market Perform at Bernstein... Apogee Enterprises (APOG) downgraded to Market Perform from Outperform at Northland... Atlas Resource Partners (ARP) downgraded to Underperform from Neutral at BofA/Merrill... Bank of the Ozarks (OZRK) downgraded to Hold from Buy at Drexel Hamilton... China Cord Blood (CO) downgraded to Neutral from Buy at Roth Capital... Citizens Financial (CFG) downgraded to Neutral from Buy at Guggenheim... Community Health (CYH) downgraded to Market Perform from Outperform at Raymond James... Eagle Bancorp (EGBN) downgraded to Hold from Buy at Sandler O'Neill... Fifth Street Senior (FSFR) downgraded to Neutral from Buy at UBS... FireEye (FEYE) downgraded to Equal Weight from Overweight at Barclays... Insight Enterprises (NSIT) downgraded to Underperform at Raymond James... Micron (MU) downgraded to Neutral from Buy at Mizuho... SYNNEX (SNX) downgraded to Hold from Buy at Needham... Swatch Group (SWGAY) downgraded to Equal Weight from Overweight at Barclays... Target (TGT) downgraded to Market Perform from Outperform at BMO Capital... Zoetis (ZTS) downgraded to Market Perform from Outperform at BMO Capital.
09:58 EDTFEYEFireEye falls, levels to watch
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05:43 EDTPANWPalo Alto price target raised to $210 from $178 at Barclays
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05:41 EDTCHKP, PANW, FEYEFireEye downgraded to Equal Weight from Overweight at Barclays
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05:35 EDTCHKPCheck Point initiated with an Equal Weight at Barclays
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June 25, 2015
10:00 EDTFEYEOn The Fly: Analyst Initiation Summary
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June 24, 2015
18:39 EDTFEYEFireEye initiated with an Outperform at Wedbush
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12:06 EDTCHKP, SYMC, FEYE, PANWU.S. data hack larger than previously disclosed, WSJ reports
Office of Personnel Management Director Katherine Archuleta said in a statement today to the House Oversight Committee that her agency is investigating whether up to 18M unique Social Security numbers were stolen as part of the previously disclosed cyberattack, Wall Street Journal reports. The hack is being defined as two distinct breaches, and the larger than previously thought numbers are preliminary and not verified, the Journal adds. Publicly traded companies in the cybersecurity space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link
09:35 EDTFEYEActive equity options trading on open
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08:54 EDTFEYE, PANWFortinet downgraded to Neutral from Buy at Citi
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June 22, 2015
10:19 EDTPANW, SYMC, FEYEAnalyst says get more selective on cybersecurity stocks
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10:00 EDTSYMC, FEYEOn The Fly: Analyst Downgrade Summary
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09:40 EDTFEYEActive equity options trading on open
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07:01 EDTFEYEFireEye identifies Chinese group responsible for Federal hack, Re/code reports
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05:55 EDTPANWPalo Alto price target raised to $206 from $180 at UBS
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05:48 EDTSYMCSymantec downgraded to Sell from Neutral at UBS
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05:45 EDTSYMC, PANW, FEYEFireEye downgraded to Neutral from Buy at UBS
UBS analyst Brent Thill downgraded FireEye (FEYE) to Neutral citing the stock's 70% rally year-to-date. Hill, however, raised his price target for name to $55 from $50. Shares of the cybersecurity provider closed Friday down 58c to $53.65. Hill also downgraded Symantec (SYMC) this morning to Sell. In the cybersecurity space, he keeps Buy ratings on Palo Alto Networks (PANW) and Fortinet (FTNT).
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