Jefferies Starts Sourcefire (FIRE) at Buy
Tweet
Share
E-mailGet Alerts FIRE Hot Sheet
Price: $32.67 -4.78%
Rating Summary:
8 Buy, 4 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
8 Buy, 4 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Join SI Premium – FREE
Jefferies initiates coverage on Sourcefire (NASDAQ: FIRE) with a Buy. PT $31.00.
The firm states, "Sourcefire is expanding its supply in a healthy demand environment which should lead to accelerating revenue growth and margin expansion. The company will broaden its product lineup and is progressing through a significant upgrade with its channel distribution; both in the context of healthy security end demand. As such, we are initiating on Sourcefire with a Buy rating."
For more ratings news on Sourcefire click here and for the rating history of Sourcefire click here.
Shares of Sourcefire closed at $27.32 yesterday.
The firm states, "Sourcefire is expanding its supply in a healthy demand environment which should lead to accelerating revenue growth and margin expansion. The company will broaden its product lineup and is progressing through a significant upgrade with its channel distribution; both in the context of healthy security end demand. As such, we are initiating on Sourcefire with a Buy rating."
For more ratings news on Sourcefire click here and for the rating history of Sourcefire click here.
Shares of Sourcefire closed at $27.32 yesterday.
Create E-mail Alert Related Categories
New CoverageRelated Entities
Jefferies & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
