StockNews.com Initiates Coverage on NortonLifeLock (NASDAQ:NLOK)

Equities research analysts at StockNews.com assumed coverage on shares of NortonLifeLock (NASDAQ:NLOK) in a research note issued on Wednesday. The firm set a “buy” rating on the stock.

NortonLifeLock Stock Down 0.3 %

NLOK opened at $27.43 on Wednesday. The firm has a market cap of $15.67 billion, a P/E ratio of 19.18 and a beta of 0.76. The business’s fifty day simple moving average is $29.23 and its 200 day simple moving average is $27.11. NortonLifeLock has a 52 week low of $20.12 and a 52 week high of $30.92.

NortonLifeLock Company Profile

Gen Digital, Inc engages in the provision of security, storage, and systems management solutions. The firm focuses on providing consumer cyber safety with its business solutions. The company was founded by Gary Hendrix in April 1982 and is headquartered in Tempe, AZ.