UPDATE: Jefferies Raises PT on Sourcefire Following 2Q Results Report
July 30, 2013 at 10:49 AM EDT
In a report published Tuesday, Jefferies analyst Aaron Schwartz reiterated a Hold rating on Sourcefire (NASDAQ: FIRE ), and raised the price target from $54.00 to $76.00. In the report, Jefferies noted, “FIRE reported upside 2Q results with a reacceleration in product and total revenue in the period as overall