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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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October 23, 2014
08:17 EDTSYMCIDC says IBM should look at Symantec info-management unit, Bloomberg reports
Analysts have said acquisitions would be a better use of IBM's (IBM) cash than share repurchases and IDC Corp. pointed to Symantecís (SYMC) information-management division and cloud-storage provider Box as two logical options, reported Bloomberg's "Real M&A" column. Reference Link
October 22, 2014
06:44 EDTSYMCU.S. weighing cybersecurity requirements for bank vendors, NY Times says
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October 13, 2014
08:05 EDTSYMCSymantec spun off companies could become targets, says Argus
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October 12, 2014
17:34 EDTSYMCJPMorgan to double spending on cybersecurity over next five years, WSJ says
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