Symantec Corp (SYMC) Receives a Hold from Oppenheimer


Oppenheimer analyst Shaul Eyal maintained a Hold rating on Symantec Corp (NASDAQ: SYMC) today. The company’s shares closed yesterday at $18.55, close to its 52-week low of $17.81.

According to TipRanks.com, Eyal is a top 100 analyst with an average return of 14.9% and a 65.9% success rate. Eyal covers the Technology sector, focusing on stocks such as Nuance Communications, Verint Systems Inc, and Varonis Systems.

Currently, the analyst consensus on Symantec Corp is a Hold with an average price target of $20.89, a 12.6% upside from current levels. In a report issued on August 2, Jefferies also reiterated a Hold rating on the stock with a $21 price target.

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The company has a one-year high of $34.20 and a one-year low of $17.81. Currently, Symantec Corp has an average volume of 8.74M.

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Symantec Corp. engages in the provision of security, storage, and systems management solutions. It operates through the Consumer Digital Safety and Enterprise Security segments. The Consumer Digital Safety segment focuses on providing a digital safety solution to protect information, devices, networks, and the identities of consumers.

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