NEW YORK, February 27, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting Sourcefire, Inc. (NASDAQ: FIRE), Fortinet, Inc. (NASDAQ: FTNT), Palo Alto Networks Inc (NYSE: PANW), Symantec Corporation (NASDAQ: SYMC) and AVG Technologies NV (NYSE: AVG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Sourcefire, Inc. Research Report
Shares for Sourcefire, Inc. soared 14.6 percent after the company posted its fourth quarter results. The network security provider's fourth quarter sales beat expectations, with fourth quarter revenue at $67.4 million, an increase of 27 percent year-over-year. Earnings were at $8.9 million or 29 cents per share. Believing that Sourcefire will stay ablaze for the coming quarters, UBS AG lifted their price target on the shares of Sourcefire from $54 to $59, with a current "Buy" rating. As companies adopt Sourcefire's most expensive multifunction security appliances for handling big data, many expect Sourcefire to continue its growth. Federal cyber security spending may also brighten the company's prospects as the government seeks to protect its most sensitive websites from malware and hackers. With a positive outlook and a highly attractive portfolio, many expect Sourcefire to continue doing well. The Full Research Report on Sourcefire, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/42b9_FIRE]
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Fortinet, Inc. Research Report
Fortinet investors can feel secure about the company's future as cyberspace security becomes a more imperative issue. Last year, the company's revenue totaled $151.2 million, up 25 percent year-over-year, and Fortinet CEO Ken Xie believes that in 2013, the company's healthy pipeline and continued investments in sales, marketing and product development will help the Fortinet gain market share and continue to grow. Some of the company's products also achieved the Department of Defense United Capabilities (UC) Approved Products List (APL) certification, making them qualified to be sold to various Department of Defense agencies. Matching affordability with good performance, Fortinet's security solutions are highly attractive for large enterprises that are cautious about additional spending. The Full Research Report on Fortinet, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/c54b_FTNT]
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Palo Alto Networks Inc Research Report
Palo Alto is also among the security companies that may benefit from the executive order to boost US cyber security standards for companies operating the nation's infrastructure. Recently, the company was positioned by Gartner, Inc. in the "Leaders" quadrant of the Gartner Magic Quadrant for Enterprise Network Firewalls. Gartner notes that Palo Alto's next-generation firewall capabilities offer high-quality features that many are beginning to recognize. Gartner's report also states that less than 10 percent of internet connections today are secured using next-generation firewalls, and this is expected to grow to 35 percent by the end of 2014, driving growth for Palo Alto. After being recognized as a leader in network security, Palo Alto will release its fiscal second quarter 2013 earnings on March 4, 2013. The Full Research Report on Palo Alto Networks Inc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/ad64_PANW]
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Symantec Corporation Research Report
Symantec is betting on a new strategy that will help the company deliver improved performance for customers and partners by improving existing products and services while at the same time developing new ones. As a part of this plan, Symantec has announced a partnership with Giesecke & Devrient (G&D), a leader in mobile security in order to deliver protected security applications on smartphones and tablets. As more users make the shift from desktop to mobile, mobile device security becomes a more pressing need for customers. Furthermore, in an environment where attacks from hackers are becoming more prevalent, many believe that American corporations will turn to Symantec, a highly trusted domestic cyber security firm. Symantec's Website Security Solutions is also highly attractive to big clients that are looking to enhance their computer security. The Full Research Report on Symantec Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/d3bb_SYMC]
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AVG Technologies NV Research Report
Many were impressed with AVG's fourth quarter, with bookings, cash flow and EPS all on the upside. The company also provided a strong fiscal 2013 outlook, with revenue expected in the range of $408 to $420 million, from $356 million in 2012. AVG CEO J.R. Smith stated that malicious sites on the internet grew by more than 600 percent last year with 85 percent of those websites from legitimate Web platforms that have been compromised. This increases the need for products that offer secure browsing, driving the demand for AVG's safe search products. With a wide user base and an increasing number of subscriptions for its 2013 product editions, the company is confident that it can deliver another strong year. The Full Research Report on AVG Technologies NV - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/ef47_AVG ]
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SOURCE Investors-Alliance