Major indexes hit records as post-election rally goes on

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RBC Capital Updates Estimates on Tyson Foods (TSN) Following 4Q - PT to $68

November 22, 2016 7:42 AM EST

RBC Capital maintained a Sector Perform rating on Tyson Foods (NYSE: TSN), and cut the price target to $68.00 (from $75.00), following the company's 4Q earnings report. RBC cut FY17 and FY18 EPS estimates from $5.02 and $5.46 to $4.80 and $5.13.

Analyst David Palmer commented, "We are lowering our... More

Symantec (SYMC) Ratings Placed on CreditWatch Negative by S&P

November 21, 2016 1:52 PM EST

S&P Global Ratings today said it placed its 'BBB-' corporate credit rating on Symantec Corp., and the issue ratings on Symantec's debt, on CreditWatch with negative implications.

"The CreditWatch placement follows Symantec's announcement that it plans to acquire identity protection services provider LifeLock for $2.3 billion, funded with $1.5... More

UBS Reiterates Buy on Symantec (SYMC) Following Announced Intentions to Acquire LifeLock (LOCK)

November 21, 2016 10:27 AM EST

UBS reiterated a Buy rating and $28.00 price target on Symantec (NASDAQ: SYMC) following the company's announced intention to acquire LifeLock (NYSE: LOCK) for $2.3B.

Analyst Brent Thill commented, "Today, SYMC announced its intention to acquire LifeLock (LOCK),... More