New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 21, 2014
05:42 EDTSYMCSymantec downgraded to Hold from Buy at Jefferies
Jefferies downgraded Symantec citing uncertainty following the "abrupt" CEO change. The firm lowered its price target for shares to $22 from $29.
News For SYMC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
August 24, 2015
14:21 EDTSYMCJMP Securities says pullback in Palo Alto a buying opportunity
Subscribe for More Information
August 21, 2015
10:02 EDTSYMCOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
06:48 EDTSYMCSymantec upgraded to Equal Weight from Underweight at Morgan Stanley
Subscribe for More Information
August 17, 2015
14:27 EDTSYMCIRS says cyber attack larger than originally thought, AP says
Subscribe for More Information
August 14, 2015
07:59 EDTSYMCAnalysts recommend cybersecurity stocks after recent underperformance
Subscribe for More Information
07:00 EDTSYMCSecurity stocks underperformed despite 'solid' results, says Piper Jaffray
Piper Jaffray analyst Andrew Nowinski says the security stocks he covers have underperformed the Nasdaq composite despite delivering "solid beat-and-raise" results. With the exception of Fortinet (FTNT) and Imperva (IMPV), the remaining security stocks within Nowinski's security coverage universe have all underperformed the Nasdaq. Symantec (SYMC) has underperformed by 0.7%, CyberArk by 1.6%, Proofpoint (PFPT) by 5.3%, Palo Alto by 7.4%, FireEye (FEYE) by 8.4% and Barracuda by 36.7%, Nowinski tells investors this morning in a research note. Investors remain concerned with the potential for a moderation in spending, the analyst believes. However, his channel checks with resellers suggest demand should remain strong for the next 12 months. Nowinski views the recent pullback in the sector as an attractive buying opportunity. Stocks with the most attractive valuations include Barracuda Networks (CUDA), CyberArk Software (CYBR), Fortinet (FTNT) and Palo Alto Networks (PANW), Nowinski writes. Wells Fargo this morning upgraded shares of CyberArk to Outperform.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use