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SYMC

Symantec

$30.50

0.09 (0.30%)

09:30
04/21/17
04/21
09:30
04/21/17
09:30

Symantec upgraded to Positive from Mixed at OTR Global

OTR Global upgraded Symantec to Positive from Mixed following checks that indicate the Blue Coat acquisition is paying off with increased win rates and increased customer retention.

  • 10

    May

  • 08

    Jun

SYMC Symantec
$30.50

0.09 (0.30%)

04/12/17
SBSH
04/12/17
NO CHANGE
Target $29
SBSH
Neutral
Symantec placed on negative catalyst watch at Citi
Citi analyst Walter Pritchard placed Symantec on negative catalyst watch ahead of the Q4 earnings report with the stock up 28% year-to-date. Investor expectations remain for $2.00 in earnings power for FY18 while the company is likely to only raise its $1.70-$1.80 guidance by 5c-10c, Pritchard tells investors in a research note. He expects investor focus will shift to the sales reorganization and earnings power falling short. He keeps a Neutral rating on Symantec with a $29 price target.
04/07/17
04/07/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. FedEx (FDX) initiated with a Buy at Loop Capital. 2. Apache (APA) initiated with a Hold at Stifel. 3. Symantec (SYMC) resumed with a Market Perform at Wells Fargo. 4. MidWestOne (MOFG) initiated with a Neutral at Piper Jaffray. 5. Chefs' Warehouse (CHEF) initiated with a Buy at Canaccord. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
04/07/17
WELS
04/07/17
INITIATION
WELS
Market Perform
Symantec resumed with a Market Perform at Wells Fargo
Wells Fargo analyst Philip Winslow resumed coverage of Symantec with a Market Perform rating and $32-$34 price target range.
03/29/17
UBSW
03/29/17
NO CHANGE
UBSW
Buy
Too early to measure impact on Symantec from Google claims, says UBS
UBS analyst Fatima Boolani noted that numerous press sources have reported that Google (GOOG) Chrome engineers are investigating Symantec (SYMC) for allegedly improper issuing of SSL certificates to websites and could downgrade, and eventually reject, Symantec-issued certificates on its browsers. The stock hasn't reacted and it is premature to determine the potential financial impact, said Boolani, who added that Symantec has committed to reissuing affected customers' certificates at no cost and that the claim of up to 30K questionable cases compares to the company's over 4M issued certificates to date. The analyst, who has a Buy rating on Symantec, anticipates a more formal response in the coming days, which could dispel fears of a material impact.

TODAY'S FREE FLY STORIES

NXTM

NxStage Medical

$23.46

0.13 (0.56%)

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BL

BlackLine

$37.80

-0.26 (-0.68%)

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ULTI

Ultimate Software

$221.91

-0.25 (-0.11%)

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CRM

Salesforce

$88.11

-0.51 (-0.58%)

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EVBG

Everbridge

$24.66

-0.3 (-1.20%)

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RNG

RingCentral

$37.65

-1 (-2.59%)

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WK

Workiva

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HUBS

HubSpot

$68.20

-0.7 (-1.02%)

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  • 28

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HUBS

HubSpot

$68.20

-0.7 (-1.02%)

20:55
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QTWO

Q2 Holdings

20:55
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Initiation
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  • 27

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INST

Instructure

$29.55

0.4 (1.37%)

20:55
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Initiation
Instructure initiated at SunTrust »

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  • 28

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MANH

Manhattan Associates

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Initiation
Manhattan Associates initiated at SunTrust »

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PCTY

Paylocity

$47.39

-1.65 (-3.36%)

20:55
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Initiation
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  • 28

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SHOP

Shopify

$92.04

-2.44 (-2.58%)

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LH

LabCorp

$152.30

0.68 (0.45%)

20:10
06/26/17
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Downgrade
LabCorp rating change at KeyBanc »

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ATXI

Avenue Therapeutics

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Syndicate
Avenue Therapeutics 5.5M share IPO priced at $6.00 »

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  • 27

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NXPI

NXP Semiconductors

$109.73

-0.25 (-0.23%)

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  • 26

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PDCE

PDC Energy

$42.88

-1.84 (-4.11%)

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MRIN

Marin Software

$1.18

0.025 (2.17%)

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GM

General Motors

$34.52

0.32 (0.94%)

19:15
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General Motors: Previous FY17 EPS view unchanged »

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GM

General Motors

$34.52

0.32 (0.94%)

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  • 26

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BLKB

Blackbaud

$89.25

-0.25 (-0.28%)

, CST

CST Brands

$48.54

0.18 (0.37%)

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BLKB

Blackbaud

$89.25

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CST

CST Brands

$48.54

0.18 (0.37%)

NSA

National Storage

$22.63

0.22 (0.98%)

ANCUF

Alimentation Couche-Tard

$48.08

1.9887 (4.31%)

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GM

General Motors

$34.52

0.32 (0.94%)

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  • 26

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WMT

Wal-Mart

$75.50

0.66 (0.88%)

18:43
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Periodicals
Wal-Mart sued for wrongful death of Illinois Uber driver, Reuters reports »

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