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

StockNews.com began coverage on shares of NortonLifeLock (NASDAQ:NLOK) in a research note issued to investors on Friday. The brokerage set a “buy” rating on the stock.

NortonLifeLock Stock Down 1.4 %

Shares of NortonLifeLock stock opened at $27.18 on Friday. The stock has a market cap of $15.53 billion, a PE ratio of 19.01 and a beta of 0.76. The business has a fifty day simple moving average of $27.45 and a 200-day simple moving average of $27.92. NortonLifeLock has a 12 month low of $20.12 and a 12 month 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.