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Fly News Breaks for July 11, 2017
SYMC
Jul 11, 2017 | 13:38 EDT
Jefferies analyst John DiFucci views Symantec's acquisition of Skycure as a "logical step to create a complete endpoint suite." The analyst adds, however, that mobile security has been difficult to monetize. DiFucci pegs the acquisition cost at about $200M and keeps a Hold rating on Symantec with a $30 price target.
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