After meeting with Symantec's (SYMC) new CEO and its CFO, RBC Capital thinks that the company can achieve its target of $550M in initial savings from its acquisition of Blue Coat, and the firm believes that the target could be conservative. RBC is upbeat on Symantec's new CEO, saying that he has technical expertise. The firm says that the company's fiscal 2018 EPS guidance is "realistic if not conservative," and it believes that Symantec could obtain product synergies not included in the guidance. RBC raised its price target on the shares to $24 from $23 and keeps an Outperform rating.