Goldman Sachs Resumes Symantec (SYMC) at Neutral
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Price: $23.75 --0%
Rating Summary:
9 Buy, 27 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
9 Buy, 27 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Goldman Sachs resumes coverage on Symantec (NASDAQ: SYMC) with a Neutral rating and $19 price target.
The firm said growth will remain sluggish as the stronger areas of the business (DLP, Authentication, Mobile, etc.) are not large enough to offset mature segments facing secular headwinds. Goldman also sees risks to the company's highly profitable consumer business.
For an analyst ratings summary and ratings history on Symantec click here. For more ratings news on Symantec click here.
Shares of Symantec closed at $18.02 yesterday.
The firm said growth will remain sluggish as the stronger areas of the business (DLP, Authentication, Mobile, etc.) are not large enough to offset mature segments facing secular headwinds. Goldman also sees risks to the company's highly profitable consumer business.
For an analyst ratings summary and ratings history on Symantec click here. For more ratings news on Symantec click here.
Shares of Symantec closed at $18.02 yesterday.
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