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Today’s Research Reports on Stocks to Watch: ADT and FireEye

NEW YORK, NY / ACCESSWIRE / April 6, 2018 / Security stocks ADT and FireEye saw some gains on Thursday though FireEye took those gains back in after-hours trading. ADT skyrocketed to close with a gain of over 12% after Morgan Stanley had some good things to say about the company. FireEye revealed in a report that many companies in India are victims of targeted cyber-attacks.

RDI Initiates Coverage on:

ADT Inc.
https://rdinvesting.com/report/?ticker=ADT

FireEye, Inc.
https://rdinvesting.com/report/?ticker=FEYE

ADT Inc. shares were zooming in Thursday trading and closed the day up 12.23% on nearly 10.5 million shares traded. The stock saw a pop in its share price after analysts at Morgan Stanley had some positive remarks about the company. The firm has an “outperform” rating on the company. Morgan Stanely wrote a note yesterday that said, “ADT’s service offering is differentiated from the product offerings of newer entrants.” According to TheFly.com, who reviewed Morgan Stanley’s note, the differentiation is helping the company to produce “steady operating growth” and “accelerating cash flow.” The leading provider of monitored security and interactive home and business automation solutions announced last month that it has entered into an agreement with innovation platform Plug and Play Tech Center. “Our collaboration with Plug and Play is yet another example of how we are continuing to innovate beyond the traditional bounds of security and automation to stay ahead of the curve and in touch with consumer needs,” said Jay Darfler, the Senior Vice President of Emerging Markets, ADT. “With access to hundreds of startups and developers out of Silicon Valley, we can have a positive impact on the future of our industry – and most importantly, the customer experience,” he also said.

Access RDI’s ADT Inc. Research Report at:
https://rdinvesting.com/report/?ticker=ADT

FireEye, Inc. shares closed up 1.78% yesterday but lost these gains in after-hours trading. It was this week that it was revealed that many companies in India are victims of targeted cyber attacks. An M-trends report published by FireEye says that it is hi-tech, telecom, and education sectors that are being most frequently targeted in the country. FireEye has found that 49% of customers in India and APAC, were successfully attacked again within just a year. The report also said, “Based on data from the past 19 months, we found that 56% of all incidents responded by FireEye were targeted by the same or a similarly motivated attack group.” According to the director for threat intelligence-APAC at FireEye, Tim Wellsmore, “India is in a difficult position. Organizations are increasingly being re-targeted and there is a certain lack of skill shortage making governments and organizations ill-equipped to handle sophisticated attacks.” The security company also announced on Thursday that it will be releasing its first quarter 2018 financial results on May 2nd, after the close.

Access RDI’s FireEye, Inc. Research Report at:
https://rdinvesting.com/report/?ticker=FEYE

Our Actionable Research on ADT Inc. (NYSE: ADT) and FireEye, Inc. (NASDAQ: FEYE) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com

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