Breakfast Technical Briefing on Application Software Stocks -- FireEye, Fortinet, Innoviva, and Intuit

NEW YORK, October 2, 2017 /PRNewswire/ --

If you want a Stock Review on FEYE, FTNT, INVA, or INTU then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. This morning, DailyStockTracker.com revisits the Application Software industry, which is known to offer average dividend yields. Companies in this space create, license, and sell software for a variety of uses, including personal and enterprise use. Under review this morning are the following equities: FireEye Inc. (NASDAQ: FEYE), Fortinet Inc. (NASDAQ: FTNT), Innoviva Inc. (NASDAQ: INVA), and Intuit Inc. (NASDAQ: INTU). Daily Stock Tracker published free research reports on these stocks today at:

http://dailystocktracker.com/register/

FireEye 

Milpitas, California headquartered FireEye Inc.'s stock saw a slight decline of 0.30%, finishing last Friday's trading session at $16.77. A total volume of 2.40 million shares was traded. The Company's shares have gained 14.00% in the last month, 10.26% over the previous three months, and 40.92% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 9.37% and 21.99%, respectively. Additionally, shares of FireEye have a Relative Strength Index (RSI) of 63.82.

On September 12th, 2017, FireEye announced that Vasu Jakkal, who has driven growth and business transformations as a marketing executive with Brocade and other technology firms, has joined the Company as Chief Marketing Officer (CMO). Jakkal reports to CEO Kevin Mandia. In her role as CMO, she will oversee global marketing initiatives aimed at driving revenue and solidifying the Company's reputation as a cybersecurity innovator and leader.

On September 25th, 2017, research firm Bank of America/ Merrill reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $18 a share to $21 a share. See our free and comprehensive research report on FEYE at:

http://dailystocktracker.com/registration/?symbol=FEYE


Fortinet 

Shares in Sunnyvale, California headquartered Fortinet Inc. ended at $35.84, down 0.19% from the last trading session. The stock recorded a trading volume of 3.31 million shares, which was above its three months average volume of 1.38 million shares. The Company's shares have advanced 18.99% since the start of this year. The stock is trading 2.84% below its 200-day moving average. Moreover, shares of Fortinet have an RSI of 34.13.

On September 05th, 2017, research firm Credit Suisse initiated an 'Underperform' rating on the Company's stock, with a target price of $33 per share.

On September 11th, 2017, Fortinet announced the expansion of its threat intelligence and R&D operations located in Burnaby, British Columbia. The expanded facilities will house 1,000 new technology jobs to staff a state-of-the-art data center and enhance the Company's FortiGuard Threat Intelligence and R&D centers. FTNT free research report is just a click away at:

http://dailystocktracker.com/registration/?symbol=FTNT


Innoviva 

Shares in Brisbane, California headquartered Innoviva Inc. ended at $14.12, rising 1.15% from the last trading session. The stock recorded a trading volume of 498,192 shares. The Company's shares have advanced 2.92% in the past month, 10.31% over the previous three months, and 31.96% since the start of this year. The stock is trading 6.25% and 13.95% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Innoviva, which engages in the development and commercialization of bio-pharmaceuticals, have an RSI of 60.84.

On September 15th, 2017, Innoviva and GlaxoSmithKline PLC announced that the European Medicines Agency's Committee for Medicinal Products for Human Use has issued a positive opinion recommending marketing authorization for fluticasone furoate/ umeclidinium/vilanterol (FF/UMEC/VI) as a maintenance treatment in adult patients with moderate to severe chronic obstructive pulmonary disease who are not adequately treated by a combination of an inhaled corticosteroid and a long-acting beta2-agonist. The proposed brand name is Trelegy Ellipta. Sign up for your complimentary report on INVA at:

http://dailystocktracker.com/registration/?symbol=INVA


Intuit 

At the close of trading on Friday, shares in Mountain View, California headquartered Intuit Inc. recorded a trading volume of 2.56 million shares, which was higher than their three months average volume of 1.30 million shares. The stock finished the session 0.12% lower at $142.14. The Company's shares have gained 1.55% in the past month, 7.03% in the previous three months, and 24.02% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.09% and 10.72%, respectively. Furthermore, shares of Intuit, which provides financial management and compliance products and services for small businesses, consumers, self-employed, and accounting professionals in the US and internationally, have an RSI of 50.46.

On September 26th, 2017, Intuit announced that it will host its annual Investor Day on October 03rd, 2017, from 8:00 a.m. to 11:45 a.m. PT at its Mountain View, Calif. headquarters. Chairman and CEO, Brad Smith, and CFO, Neil Williams, will be joined by business leaders to discuss the Company's strategy for FY18. The Company's fiscal year runs from August 01st to July 31st. Register for free on DailyStockTracker.com and download the latest research report on INTU at:

http://dailystocktracker.com/registration/?symbol=INTU

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