Symantec Reports First Quarter Fiscal Year 2017 Results

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Symantec (SYMC) PT Raised to $27 at Piper Jaffray on Solid Q1, Outlook

August 5, 2016 8:41 AM EDT

Piper Jaffray analyst Andrew Nowinski reiterated an Overweight rating and raised his price target on Symantec (NASDAQ: SYMC) to $27.00 (from $24.00) following solid Q1 results and guidance.

Nowinski commented, "Symantec reported solid FQ1(Jun) results, solidly exceeding the consensus estimates for revenue, OM... More

Barclays Assumes Symantec (SYMC) at Equalweight

August 5, 2016 7:15 AM EDT

Barclays assumed coverage on Symantec (NASDAQ: SYMC) with an Equalweight rating and a price target of $24.00.

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 $21.03 yesterday.

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Oppenheimer Upgrades Symantec (SYMC) to Outperform

August 5, 2016 6:40 AM EDT

Oppenheimer upgraded Symantec (NASDAQ: SYMC) from Perform to Outperform with a price target of $28.00.

Analyst Shaul Eyal commented, "We are upgrading the shares of SYMC from Perform to Outperform and assigning a PT of $28 (16X FY18 EPS of $1.75). Our upgrade is based on:: 1)... More

Symantec (SYMC) Tops Q1 EPS by 4c, Issues Strong Rev Guidance, Mixed EPS

August 4, 2016 4:33 PM EDT

Symantec (NASDAQ: SYMC) reported Q1 EPS of $0.29, $0.04 better than the analyst estimate of $0.25. Revenue for the quarter came in at $884 million versus the consensus estimate of $876.96 million.

GUIDANCE:

Symantec sees Q2 2017 EPS of $0.18-$0.21, versus the consensus of $0.26. Symantec sees Q2 2017 revenue of $960-990 million, versus the consensus of $878.18... More