Home / Technology / Buy cybersecurity stock FireEye due to its big upgrade cycle: Morgan Stanley

Buy cybersecurity stock FireEye due to its big upgrade cycle: Morgan Stanley


FireEye information analysts work at the company's office in Milpitas, California.

Beck Diefenbach | Reuters

FireEye information analysts work at the company’s office in Milpitas, California.

Investors should buy FireEye shares because a survey of its customers points to robust sales ahead for the company, according to Morgan Stanley, which raised its rating on the security firm to overweight from equal-weight.

“FireEye is executing towards a comprehensive platform for detecting, blocking and remediating threats across multiple vectors and through multiple deployment options,” analyst Melissa Franchi wrote in a note to clients Thursday. “This platform story centers around Helix and early data points around customer adoption are positive.”

About admin

Check Also

U.S. government should consider regulating news algorithms

(Subscribe to CNBC Pro to watch the full interview with Twilio CEO Jeff Lawson.) The …