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McAfee Rises On Earnings News
2/13/2009 9:50 AM ET
(RTTNews) -Following the release of quarterly results and guidance the night before, McAfee, Inc. (MFE: News ) gapped open higher on Friday and has continued to gain ground in the first 20 minutes of trading.
The stock is currently trading at $32.99, a gain of $2.82 on the session. With the advance, the stock has reached its highest level since early January. Shares are within striking distance of their 200-day moving average.
http://www.rttnews.com/ArticleView.aspx?Id=854417&SMap=1
08:49 EDTMFE theflyonthewall.com: Recommendations story about MFE from Wachovia. After McAfee reported higher than expected EPS, Wachovia thinks the company has solid growth opportunities, due to what they see as its channel and sales force improvements and suite-based enterprise growth. The firm maintains an Outperform rating on the shares. :theflyonthewall.com
7:22 EDTMFEtheflyonthewall.com: McAfee-MFE is top mid-cap pick for 2009, says Citigroup. Citigroup raised their estimates following the company's Q4 results and believes MFE's revenue growth should continue to outpace the broader security market. The firm increased their target price to $37 from $36 and calls MFE their top mid-cap pick for 2009. Shares remain Buy rated. : theflyonthewall
Analyst expects McAfee growth February 13, 2009 8:58 AM ET
http://news.moneycentral.msn.com/ticker/article.aspx?Feed=AP&Date=20090213&ID=9608674&Symbol=MFE
2/13/2009 9:50 AM ET
The stock is currently trading at $32.99, a gain of $2.82 on the session. With the advance, the stock has reached its highest level since early January. Shares are within striking distance of their 200-day moving average.
http://www.rttnews.com/ArticleView.aspx?Id=854417&SMap=1
08:49 EDTMFE theflyonthewall.com: Recommendations story about MFE from Wachovia. After McAfee reported higher than expected EPS, Wachovia thinks the company has solid growth opportunities, due to what they see as its channel and sales force improvements and suite-based enterprise growth. The firm maintains an Outperform rating on the shares. :theflyonthewall.com
7:22 EDTMFEtheflyonthewall.com: McAfee-MFE is top mid-cap pick for 2009, says Citigroup. Citigroup raised their estimates following the company's Q4 results and believes MFE's revenue growth should continue to outpace the broader security market. The firm increased their target price to $37 from $36 and calls MFE their top mid-cap pick for 2009. Shares remain Buy rated. : theflyonthewall
Analyst expects McAfee growth February 13, 2009 8:58 AM ET
http://news.moneycentral.msn.com/ticker/article.aspx?Feed=AP&Date=20090213&ID=9608674&Symbol=MFE
