Symantec Analyst Roundup Following Company's Decision To Split

On Friday, Topkea Research, MKM Partners and Morgan Stanley issued fresh research notes on Symantec Corporation

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. Morgan Stanley; underweight rating and $18 price target. MKM Partners; Neutral rating $25 price target.