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Stock Market & Financial Investment News

News Breaks
March 21, 2014
06:40 EDTSYMCSymantec negatives priced into shares, says Citigroup
Citigroup says that while Symantec's CEO change increases the chances for further set-backs, the negatives are priced into the stock at current levels. Citi calls shares "cheap" and says investor sentiment is the "worst" among the Software names it covers. The firm keeps a Buy rating on Symantec with a $28 price target. Shares of Symantec were downgraded this morning at Baird and Jefferies after the company announced it terminated its CEO.
News For SYMC From The Last 14 Days
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December 17, 2014
10:02 EDTSYMCOn The Fly: Analyst Downgrade Summary
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05:40 EDTSYMCSymantec downgraded to Market Perform from Outperform at William Blair
William Blair downgraded Symantec to Market Perform citing valuation as it believes upside from the company's business split is largely reflected in shares at current levels.

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