NEW YORK (TheStreet) --aFireEye was gaining 1.9% to $30.00 Thursday after Stifel Nicolaus initiated coverage of the company with a "buy" rating. The analyst firm set a price target of $45 for the company. "FireEye has been rapidly expanding its product portfolio, both organically and through acquisition, most recently with the acquisition of Mandiant," analyst Gur Talpaz wrote. Talpaz also praised FireEye's subscription revenue model saying that it is "generating both up-front product and ratable recurring revenue from sales of its core appliance-based solutions." Must Read: 50 Stocks Hedge Funds Love STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. FEYE data by YCharts EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.
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