Dallas, Texas 07/10/2015 (Financialstrend) – FireEye Inc (NASDAQ:FEYE) has unveiled new enhancements for its Email Threat Prevention Platform as well as FireEye Advanced Threat Intelligence as it moves to shield its clients from potential cyber-attacks. The enhancements should provide self-contained solutions able to shield enterprises against phishing messages that employ embedded malicious URLs.
FireEye New Updates
Most of the cyber-attacks normally start from a phishing email, which FireEye Inc (NASDAQ:FEYE) intends to curtail by combining advanced email analysis with threat intelligence. The result should be customers having superior protection and edge against attacks expected to enhance faster and efficient allocation of resources by IT teams.
FireEye Inc (NASDAQ:FEYE) plans to reduce the amount of time that IT departments in enterprises use to detect possible vulnerable points and respond to them adequately. The EX platform has also been equipped with advanced URL defense capability expected to provide superior URL threat detection and prevention.
Any URL used to deliver an email and found to be malicious will be quarantined, shielding users from any damage. This should enhance email protection especially for enterprise employees working remotely more so outside network security controls.
Enterprises using the newly upgraded platform should enjoy severity insights that help in alert prioritization. IT departments also stand to have firsthand information about potential malware which should aid in forensic analysis.
Analysts Mixed Sentiments
Separately analysts at Wedbush initiated coverage of the stock with a $63 share price target citing strong demand environment for FireEye Inc (NASDAQ:FEYE) products. The firm believes the company is at the forefront in developing a broad set of products and services poised to cement its position in the cyber security space.
However, analysts at Barclays are maintaining a bearish tone on the stock citing valuation concerns. Barclay’s analyst Saket Kalia cut his ratings of the stock to ‘equal weight’ from ‘overweight’ with a $56 share price target