Information Provided By:
Fly News Breaks for May 10, 2019
SYMC
May 10, 2019 | 08:15 EDT
Wedbush analyst Daniel Ives lowered his price target for Symantec shares to $19 from $24 after the company's Q4 results and guidance were "soft," saying he thinks the "considerable" enterprise weakness on company specific demand/execution issues will be a "shocker" to the Street given the company appeared to turn the corner over the last few quarters. The big question is around guidance, Ives tells investors in a research note, and if this is a "kitchen sink" quarter in light of soft results, CEO departure, and a new CFO just taking the reigns. Ives maintains a Neutral rating on the shares.
News For SYMC From the Last 2 Days
There are no results for your query SYMC