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Symantec Analyst Roundup Following Company's Decision To Split

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Courtesy of Benzinga.

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Last Friday, Topeka Research, MKM Partners and Morgan Stanley issued fresh research notes on Symantec Corporation (NASDAQ: SYMC) highlighting the trending theme of divesting the profitable business from the slower growing business.

Analysts feel the company's decision to separate into two publicly traded companies is the correct fundamental strategy, however, it will not immediately unlock share value.

Topeka Capital Markets: reiterated Hold rating and $25.50 price target.
Morgan Stanley: Underweight rating and $18 price target.
MKM Partners: Neutral rating $25 price target.

Symantec shares were last trading at $22.26.

Latest Ratings for SYMC

Date Firm Action From To
Oct 2014 Sterne Agee Maintains Neutral
Oct 2014 Raymond James Upgrades Market Perform Outperform
Oct 2014 JMP Securities Maintains Market Outperform

View More Analyst Ratings for SYMC
View the Latest Analyst Ratings

Posted-In: MKM Partners Morgan Stanley TopekaAnalyst Ratings

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