NEW YORK (TheStreet) -- FireEye
(FEYE - Get Report) shares are up 4.2% to $37.80 on Monday after having coverage initiated with a "buy" rating and $45 price target by analysts at Summit Research.
Analysts at the firm believe that "FireEye's unique position in detection, consulting and remediation allows it to penetrate the most demanding government entities that act as influencers to large numbers of potential corporate customers."
The firm sees the recent pullback on the company's shares as an attractive entry point for investing in the stock.
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