Wunderlich Securities Downgrades Symantec (SYMC) to Hold

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Go back to Wunderlich Securities Downgrades Symantec (SYMC) to Hold

Symantec's (SYMC) New Strategy a Winner, Thinks MKM

January 24, 2013 11:58 AM EST

Yesterday Symantec Corp. (NASDAQ: SYMC) announced a new strategy that will streamline and simplify the company. Among other initiatives, the strategy includes a reduction in the workforce targeting middle management, and the company expects non-GAAP operating margins to increase by approximately 200 basis points in FY14,... More

Stifel Nicolaus Downgrades Symantec (SYMC) to Hold

January 24, 2013 7:38 AM EST

Stifel Nicolaus downgraded Symantec (NASDAQ: SYMC) from Buy to Hold.

For an analyst ratings summary and ratings history on Symantec click here. For more ratings news on Symantec click here.

Shares of Symantec closed at $21.46 yesterday, with a 52 week range of $13.06-$21.82.... More