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Fly News Breaks for May 16, 2018
SYMC
May 16, 2018 | 07:09 EDT
As previously reported, Goldman downgraded Symantec to Neutral from Buy with a $24.50 price target. Analyst Gabriela Borges expects FY19 to be another transition year with respect to investments, product mix and competitive positioning, compounded by an overhang in the stocks multiple from the May 10 audit investigation.
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