{"id":12186,"date":"2013-11-01T12:18:53","date_gmt":"2013-11-01T16:18:53","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=12186"},"modified":"2013-11-01T12:18:53","modified_gmt":"2013-11-01T16:18:53","slug":"standpoint-research-upgrades-symantec-corp-nasdaqsymc-shares","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/standpoint-research-upgrades-symantec-corp-nasdaqsymc-shares-12186","title":{"rendered":"Standpoint Research upgrades Symantec Corp. (NASDAQ:SYMC) shares"},"content":{"rendered":"<p style=\"text-align: justify;\">Standpoint Research has recently upgraded the stock for Symantec Corporation (NASDAQ:SYMC)\u00a0from a hold to a buy rating. Analysts from Standpoint said that the upgrade was a valuation call.<\/p>\n<p style=\"text-align: justify;\">The shares of Symantec Corp have climbed up by 0.05% on Thursday\u2019s latest round of trading. The company has had a high of $27.10 and a low of $17.02 in the last one year. The average share price for the last 50 days is around $25.9 and the average for the last 200 days is around $24.24. On Thursday around 9.397,822 shares were traded, the company has a total market cap of $15.06 billion.<\/p>\n<p style=\"text-align: justify;\">Symantec Corporation recently released its earnings results for the third quarter 2013 on the 23<sup>rd<\/sup> of October. The company has reported an EPS of $0.5 beating the estimate made by Thomson Reuters by $0.06. in the third quarter the company had a net revenue of $1.64 billion and analysts believe that the company will post earnings of $1.79 per share over the current fiscal year.<\/p>\n<p style=\"text-align: justify;\">The company has also announced a quarterly dividend which will be paid out on the 18<sup>th<\/sup> of December for shareholders of record on the 25<sup>th<\/sup> of November at $0.15 per share. Several analyst have made comments on the stock for Symantec Corp, nine analysts have said that the stock is a hold, sixteen say that it is a buy and one says it is hold. Analysts at RBC Capital have also cut down on their target price for Symantec\u2019s shares; the price was brought down from $30 to $26 in a research note published to investors. Bank of America analysts said that the stock was expected to underperform while analysts at Nomura have rated the stock as a hold with a target price of $29 on the stock.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Standpoint Research has recently upgraded the stock for Symantec Corporation (NASDAQ:SYMC)\u00a0from a hold to a buy rating. Analysts from Standpoint said that the upgrade was [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":12187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[3726,3727,3725],"stock_ticker":[],"class_list":["post-12186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-nasdaqsymc","tag-symantec-corporation","tag-symantec-corporation-nasdaqsymc","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Standpoint Research upgrades Symantec Corp. 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