Ron Burgundy Posted August 28, 2016 Share Posted August 28, 2016 (Reuters) - Symantec Corp shares could gain 25 percent or more following steps to cut costs and a recent acquisition that could propel the company's business in the hot cybersecurity market, a Barron's report said on Sunday. Barron's said Symantec, an early pioneer in antivirus software with its Norton brand, boosted its prospects of gaining a larger share of the cybersecurity market with its June agreement to buy Blue Coat Systems Inc [PRJCBB.UL]. The company will be able to sell Blue Coat's web and cloud protection services to its existing base of more than 370,000 business clients as demand to block hacking attempts grows, the newspaper said. View the full article Quote Link to comment Share on other sites More sharing options...
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