Sourcefire Rising On M&A Rumors (FIRE)

Shares of Sourcefire FIRE are having a nice morning, jumping 3.07% to $25.49 after analysts at Noble Financial initiated coverage of the stock at Buy. This company has also been the source of acquisition rumors recently. FIRE has a market cap of $706 million and trades at a trailing P/E of 33.28. Sourcefire, Inc. (Sourcefire) is a provider of cybersecurity solutions for information technology (IT), environments of commercial enterprises, including healthcare, financial services, manufacturing, energy, education, retail and telecommunications companies, and federal, state and local government organizations worldwide.