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Symantec Corporation (NASDAQ:SYMC): Current Price: $19.71
According to Cowen, Symantec continues to be in the early stages of its turnaround although it has faced recent share appreciation. The firm predicts that the company will reveal its new corporate strategy during its earnings call, and it predicts that the company’s focus will be on direction, operations, and capital allocation. Cowen is convinced that any incremental revenue growth will cause further multiple expansion. Shares have an Outperform rating.
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