Jefferies & Company, Inc. Maintains Hold Rating On Symantec Corp. (SYMC)

Analysts Katherine Egbert and Ignatius Njoku at Jefferies & Company, Inc. have released an update on Symantec Corp. (NASDAQ: SYMC). On Thursday, the company held its analyst day in New York City.

The company outlined four strategic priorities for FY11, which include continued extension of the ability to protect more consumer devices, new license sales via cross-selling and appliances, expansion of SaaS, and improving the ease of doing business with the company.

Following the analyst day, analysts at Jefferies & Company, Inc. have maintained their Hold rating and $17 price target for Symantec Corp.