Barclays Assumes Symantec (SYMC) at Equalweight
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Symantec (SYMC) PT Raised to $27 at Piper Jaffray on Solid Q1, Outlook
August 5, 2016 8:41 AM EDTPiper 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
Symantec (SYMC): EPS Blowout on Cost Savings and Merger Benefits - Wells Fargo
August 5, 2016 6:57 AM EDTWells Fargo analyst, Gray Powell, reiterated his Market Perform rating on shares of Symantec (NASDAQ: SYMC) and raised the valuation range to $23 - $25 from $19 - $21 after SYMC's FQ117 report show 1% upside on revenue and a 16% EPS beat on cost efficiency initiatives and some onetime... More
Oppenheimer Upgrades Symantec (SYMC) to Outperform
August 5, 2016 6:40 AM EDTOppenheimer 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 EDTSymantec (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
