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News Breaks | | | | January 10, 2013 | | 07:52 EDT |  | SYMC | Symantec turnaround still in early stages, says Cowen
Cowen believes Symantec is still in the early stages of its turnaround despite its recent share appreciation. The firm expects the company to unveil its new corporate strategy during its earnings call and expects the focus to be on direction, operations, and capital allocation. Cowen believes any incremental revenue growth will lead to further multiple expansion. Shares are Outperform rated. | |
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News For SYMC From The Last 14 Days Check below for free stories on SYMC the last two weeks. |
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| May 15, 2013 | | 17:26 EDT |  | SYMC | Third Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN). | |
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