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SYMC

Symantec

$22.99

-0.06 (-0.26%)

05:28
04/08/19
04/08
05:28
04/08/19
05:28

Symantec upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs analyst Gabriela Borges upgraded Symantec to Buy from Neutral and raised her price target for the shares to $28 from $23. The company's fiscal 2020 "should show improvement on essentially every key metric," Borges tells investors in a research note. Further, the analyst views the current valuation as "undemanding" and sees a path to "sustained growth" in current billings amid easier year-over-year comparisons. She points out Symantec now offers a 10% free cash flow yield, but admits the company offers "limited visibility into long-term growth."

  • 16

    Apr

  • 06

    Jun

SYMC Symantec
$22.99

-0.06 (-0.26%)

01/16/19
STFL
01/16/19
NO CHANGE
STFL
Checks show firewall spending remains 'robust,' says Stifel
Stifel analyst Gur Talpaz said his latest quarterly survey of 30 North American security-centric resellers left him "cautiously encouraged" about the overall security spending environment, particularly within the firewall space. Despite recent fears about an imminent slowdown in firewall spending, his checks point to a "robust" deal pipeline through 2019, particularly for Palo Alto Networks (PANW), Talpaz tells investors. Outside of Palo Alto, Talpaz also said he is "more optimistic" on Check Point (CHKP) than he has been "in some time." While he also noted that the was "generally pleased" that the number of resellers pointing to a decline in their Proofpoint (PFPT) business improve to the best level seen in 2018, Talpaz continues to see "work to be done." Others in the cybersecurity space include Rapid7 (RPD), FireEye (FEYE), Fortinet (FTNT), Symantec (SYMC) and CyberArk (CYBR).
02/01/19
JEFF
02/01/19
NO CHANGE
Target $22
JEFF
Hold
Symantec growth accelerating in FY20 is 'high risk,' says Jefferies
Symantec last night exceeded fiscal Q3 expectations across all metrics and its Q4 guidance was largely in-line, Jefferies analyst John DiFucci tells investors in a post-earnings research note. He raised his price target for the shares to $22 from $21 and keeps a Hold rating on the name. Though fiscal 2020 growth guidance was reduced to account for modest upside in fiscal 2019, Symantec hasn't grown revenue mid-single digits on an organic constant currency basis in many years, says the analyst. He believes that accelerating growth into fiscal 2020 "seems like a high risk proposition at this time."
03/26/19
MZHO
03/26/19
INITIATION
Target $25
MZHO
Neutral
Symantec initiated with a Neutral at Mizuho
Mizuho analyst Gregg Moskowitz initiated Symantec with a Neutral and $25 price target.
03/26/19
MZHO
03/26/19
INITIATION
MZHO
Mizuho initiates security software with top picks Palo Alto, CyberArk, Rapid7
Mizuho analyst Gregg Moskowitz initiated coverage of nine Security Software companies. In his industry update note, titled "Welcome to the New Age of Software - Part II," he noted that "macro concerns remain very prevalent and 4Q tech fundamentals were uneven," but added that he expects "security companies will navigate these issues well, due in part to the fact that cybersecurity consistently ranks at or near the top of IT spending priorities by CIOs." The analyst concluded that "while hardly immune, we would expect security spend to be relatively resilient." Moskowitz noted that global security revenue is currently well in excess of $40B, and growing at a roughly high-single digit CAGR. However, Moskowitz also noted that the security market is very fragmented and contains many sub-segments. He sees four security themes that he believes will become increasingly important, and should help to underpin healthy growth in the sector in the coming years -- Zero Trust, Identity Management, Next-gen Endpoint, and Machine Learning/Automation. The analyst expects to see "generally similar levels of security M&A activity in 2019," although he noted that one variable that could cause this to skew higher would be a large security vendor takeout, which is a historical rarity. Moskowitz initiated three stocks with Buy ratings -- Palo Alto Networks (PANW), CyberArk Software (CYBR), and Rapid7 (RPD) -- and six stocks with Neutral ratings -- Check Point Software (CHKP), FireEye (FEYE), Fortinet (FTNT), Okta (OKTA), Proofpoint (PFPT), and Symantec (SYMC).

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CDNS

Cadence Design

$64.23

0.865 (1.37%)

16:14
04/22/19
04/22
16:14
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16:14
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Cadence Design reports Q1 operating margin 32% vs 28% last year »

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RCKT

Rocket Pharmaceuticals

$17.80

0.93 (5.51%)

16:14
04/22/19
04/22
16:14
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16:14
Initiation
Rocket Pharmaceuticals initiated  »

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WHR

Whirlpool

$139.31

0.27 (0.19%)

16:14
04/22/19
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16:14
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16:14
Hot Stocks
Whirlpool CFO says 'on track' to meet FY earnings, cash flow guidance »

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  • 23

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EGP

EastGroup Properties

$109.43

-1.28 (-1.16%)

16:13
04/22/19
04/22
16:13
04/22/19
16:13
Earnings
EastGroup Properties raises FY19 FFO view to $4.84-$4.94, consensus $4.85 »

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HARP

Harpoon Therapeutics

$11.63

-1.405 (-10.78%)

16:13
04/22/19
04/22
16:13
04/22/19
16:13
Initiation
Harpoon Therapeutics initiated  »

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WHR

Whirlpool

$139.34

0.3 (0.22%)

16:12
04/22/19
04/22
16:12
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16:12
Hot Stocks
Whirlpool backs FY19 free cash flow view approximately $800M-$900M »

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EGP

EastGroup Properties

$109.51

-1.2 (-1.08%)

16:12
04/22/19
04/22
16:12
04/22/19
16:12
Earnings
EastGroup Properties reports Q1 FFO $1.20, consensus $1.18 »

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CDNS

Cadence Design

$64.24

0.88 (1.39%)

16:11
04/22/19
04/22
16:11
04/22/19
16:11
Earnings
Cadence Design raises FY19 EPS to $2.04-$2.12 from $1.97-$2.07, consensus $2.03 »

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WHR

Whirlpool

$139.44

0.4 (0.29%)

16:11
04/22/19
04/22
16:11
04/22/19
16:11
Earnings
Breaking Earnings news story on Whirlpool »

Whirlpool backs FY19…

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  • 23

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WHR

Whirlpool

$139.42

0.38 (0.27%)

16:10
04/22/19
04/22
16:10
04/22/19
16:10
Earnings
Whirlpool reports Q1 adjusted EPS $3.11, consensus $2.87 »

Reports Q1 revenue $4.8B,…

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  • 23

    Apr

MINI

Mobile Mini

$34.65

0.67 (1.97%)

16:09
04/22/19
04/22
16:09
04/22/19
16:09
Earnings
Mobile Mini reports Q1 adjusted EPS 41c, consensus 38c »

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  • 23

    Apr

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KIDS

OrthoPediatrics

$36.94

0.51 (1.40%)

16:09
04/22/19
04/22
16:09
04/22/19
16:09
Hot Stocks
OrthoPediatrics announces licensing partnership with CoorsTek Medical »

OrthoPediatrics Corp.…

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  • 24

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CDNS

Cadence Design

$64.20

0.84 (1.33%)

16:09
04/22/19
04/22
16:09
04/22/19
16:09
Earnings
Cadence Design sees Q2 EPS 52c-54c, consensus 50c »

Sees Q2 revenue…

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  • 22

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ADC

Agree Realty

$64.54

-0.77 (-1.18%)

16:08
04/22/19
04/22
16:08
04/22/19
16:08
Hot Stocks
Agree Realty raises FY19 acquisition guidance view to $450M-$500M »

The company sated,…

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  • 23

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ZSAN

Zosano Pharma

$3.65

0.24 (7.04%)

16:08
04/22/19
04/22
16:08
04/22/19
16:08
Initiation
Zosano Pharma initiated  »

Zosano Pharma initiated…

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RMBS

Rambus

$11.84

-0.06 (-0.50%)

16:08
04/22/19
04/22
16:08
04/22/19
16:08
Hot Stocks
Breaking Hot Stocks news story on Rambus »

Rambus sees Q2 adjusted…

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  • 22

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CDNS

Cadence Design

$64.20

0.84 (1.33%)

16:08
04/22/19
04/22
16:08
04/22/19
16:08
Earnings
Cadence Design reports Q1 adjusted EPS 54c, consensus 49c »

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  • 22

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RMBS

Rambus

$11.84

-0.065 (-0.55%)

16:07
04/22/19
04/22
16:07
04/22/19
16:07
Earnings
Rambus reports Q1 adjusted EPS (8c), may not compare to consensus 23c »

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ADC

Agree Realty

$64.35

-0.96 (-1.47%)

16:07
04/22/19
04/22
16:07
04/22/19
16:07
Earnings
Agree Realty reports Q1 Core FFO 74c, consensus 74c »

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  • 23

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HMTV

Hemisphere Media

$14.78

0.09 (0.61%)

, DISH

Dish

$33.70

-1.2 (-3.44%)

16:07
04/22/19
04/22
16:07
04/22/19
16:07
Hot Stocks
Hemisphere Media: Cinelatino reaches renewal agreement with DISH Network »

Hemisphere Media (HMTV)…

HMTV

Hemisphere Media

$14.78

0.09 (0.61%)

DISH

Dish

$33.70

-1.2 (-3.44%)

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  • 29

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GES

Guess

$16.68

-0.39 (-2.28%)

16:07
04/22/19
04/22
16:07
04/22/19
16:07
Earnings
Guess affirms Q1 outlook »

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FB

Facebook

$181.54

3.26 (1.83%)

16:06
04/22/19
04/22
16:06
04/22/19
16:06
Hot Stocks
Facebook names State Department's Jennifer Newstead as General Counsel »

Facebook announced that…

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  • 24

    Apr

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ROKU

Roku

$58.20

1.51 (2.66%)

16:04
04/22/19
04/22
16:04
04/22/19
16:04
Initiation
Roku initiated at Susquehanna »

Roku initiated with a…

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  • 08

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TCFC

Community Financial

$28.96

0.06 (0.21%)

16:03
04/22/19
04/22
16:03
04/22/19
16:03
Earnings
Community Financial reports Q1 EPS 70c, consensus 64c »

Net interest income…

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NTAP

NetApp

$76.64

-1.07 (-1.38%)

15:55
04/22/19
04/22
15:55
04/22/19
15:55
Options
NetApp put volume heavy and directionally bearish »

Bearish flow noted in…

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