Symantec (SYMC) - What does it look like? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Symantec (SYMC) - What does it look like?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: JakeStraw	3/7/2005 8:31:22 AM
	of 2069

Symantec upgraded on belief merger risks priced in marketwatch.com NEW YORK (MarketWatch) -- Symantec Corp. was upgraded to "buy" from "hold" at Janney Montgomery on the belief that the risks associated with the acquisition of Veritas are already reflected in the stock price. "While we still have some concerns about slower overall growth, potential margin deterioration, and the potential loss of focus such a large transaction may cause, we believe that the longer term upside from current levels outweighs the near-term risks," said Analyst Joel Fishbein in a note to clients. Fishbein has a stock price target of $28. The network security software company's stock closed Friday down 21 cents at $21.21.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next