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Morgan Stanley Comments On Symantec Results
Thursday, May 12, 2011 - 7:39am | 189Read More...According to Morgan Stanley, Symantec (NASDAQ: SYMC) posted double-digit organic cc billings growth for the first time in over 4-years by the calculations — coming in $275M ahead of cons. — but with an ~$0.06 impact from higher commissions failed to show any leverage from the top-line strength....
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UPDATE: Citi Raises PT on Symantec to $24 (SYMC)
Thursday, May 12, 2011 - 7:33am | 128Read More...Citi is out with its report today on Symantec (NASDAQ: SYMC), raising its PT from $22 to $24. In a note to clients, Citi writes, "Our thesis has been based on margin improvements as M&A dilution subsides and PC OEM fees come in lower. Also we believe stabilization and slight growth in shares...
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Bank of America Upgrades Symantec To Neutral, PT To $22
Thursday, May 12, 2011 - 7:25am | 28Read More...Bank of America has upgraded Symantec (NASDAQ: SYMC) from Underperform to Neutral and has raised the price objective from $18 to $22.
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Citigroup Raises PT On Symantec To $24
Thursday, May 12, 2011 - 6:29am | 26Read More...Citigroup has raised the price target on Symantec Corporation (NASDAQ: SYMC) from $22 to $24 and maintains its Buy rating.
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Earnings Preview for Symantec (SYMC)
Tuesday, May 10, 2011 - 9:35am | 224Read More...Symantec (NASDAQ: SYMC) is scheduled to report fiscal fourth-quarter 2011 results after the closing bell tomorrow, May 11. Analysts are looking for the company to announce that per-share earnings slipped 10% from a year ago to $0.36. That consensus estimate is unchanged in the past 60 days. The...
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Morgan Keegan Raises PT On Symantec To $20
Tuesday, May 10, 2011 - 7:14am | 28Read More...Morgan Keegan has raised the price target on Symantec Corporation (NASDAQ: SYMC) from $18 to $20 and maintains its Market Perform rating.
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Morgan Stanley Reports Symantec Finding Hidden Gem In China
Friday, April 8, 2011 - 8:02am | 155Read More...According to Morgan Stanley, Symantec (NASDAQ: SYMC) is finding a hidden gem in China. Morgan Stanley reported that the Huawei Symantec JV appears to be much more successful than it had previously thought, sustaining 50% plus growth off a revenue base now likely in excess of $350 million. “We...
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More Hacking From Inside China, Trading Opportunities (MS, GOOG, MFE, SYMC)
Tuesday, March 1, 2011 - 9:08am | 639Read More...Hackers have struck again. As Benzinga readers are already aware, there have been a plethora of recent attacks by hackers on companies and on the NASDAQ itself. Recently, Morgan Stanley (NYSE: MS) was the target by China-based hackers. According to Bloomberg, the hackers gained access to highly...
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Jefferies Upgrades Symantec to Buy (SYMC)
Thursday, January 27, 2011 - 8:41am | 110Read More...Jefferies is out with its report today on Symantec (NASDAQ: SYMC), upgrading SYMC from Hold to Buy. In a note to clients, Jefferies writes, "Security and Compliance business rose 13% y/y, aided by acquisitions. Storage revenue appears to have bottomed rising 1% y/y, lead by a 5% increase in revenue...
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Deutsche Bank Upgrades Symantec To Buy
Tuesday, January 18, 2011 - 8:34am | 28Read More...Deutsche Bank has upgraded Symantec Corporation (NASDAQ: SYMC) from Hold to Buy and has raised the price target from $19 to $22.
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Citigroup Upgrades Symantec To Buy
Wednesday, January 12, 2011 - 9:31am | 27Read More...Citigroup has upgraded Symantec Corporation (NASDAQ: SYMC) from Hold to Buy and has raised the price target from $16 to $22.
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Jefferies & Company Comments On Potential Symantec Corporation Breakup
Friday, November 5, 2010 - 9:09am | 96Read More...Yesterday the New York Post reported that activist investors have begun to acquire Symantec Corporation (NASDAQ: SYMC) shares with a goal of unlocking value via a breakup. “We estimate a sum of the parts valuation of $25-27 per share,” Jefferies & Company writes. “Our recent LBO analysis...
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RBC Capital Changes Several Price Targets, Including SKT, SYMC, WLL And PG
Thursday, October 28, 2010 - 12:24pm | 362Read More...RBC Capital is changing the price target of the following companies: Wintrust Financial (NASDAQ: WTFC) $38 to $35 Whiting Petroleum (NYSE: WLL) $100 to $103 Visa (NYSE: V) $113 to $100 Tanger Factory Outlet Centers, Inc. (NYSE: SKT) $50 to $55 Symantec (NASDAQ: SYMC) $17 to $19 ProLogis (NYSE...
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CEOs Open Up At 3 Days In The Valley
Tuesday, October 19, 2010 - 3:14pm | 368Read More...At this year's 3 Days In The Valley, Fox Business Anchor Liz Claman explained the difference between their annual conference and other business events. “[We] give you an opportunity to really tell your business story -- not hammer you for two and a half minutes with people yelling at you and asking...
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Highlights From DB Tech Conference
Friday, September 17, 2010 - 8:09am | 286Read More...Seven companies were hosted at Deutsche Bank's 2010 Technology Conference, including Checkpoint (NYSE: CKP), CA Technologies (NASDAQ: CA), Fortinet (NASDAQ: FTNT), Dolby (NYSE: DLB), Websense (NASDAQ: WBSN), DTS (NASDAQ: DTSI), and Microsoft (NASDAQ: MSFT). News and data points included: Microsoft...

