Shares of Symantec Corp. are up 1.7% in premarket trading Monday after Goldman Sachs analyst Gabriela Borges upgraded the stock to buy from neutral and raised her target price to $28 from $23. "FY20 should show improvement on essentially every key metric, driven by a return to more normalized execution, stabilization in business mix, and the benefit of revenue already on the balance sheet," she wrote. Borges also sees room for the company to show "sustained growth" in current billings, which she considers the main indicator of whether Symantec's enterprise business is robust. Borges wrote that Symantec shares currently trade at a 25% discount to peers that have similar growth outlooks, based on 2020 estimates of enterprise value to free-cash flow. Shares have gained 17% over the past three months, as the S&P 500 has risen 12%.