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

StockNews.com initiated coverage on shares of NortonLifeLock (NASDAQ:NLOK) in a report published on Saturday morning. The brokerage issued a buy rating on the stock.

NortonLifeLock Stock Performance

Shares of NASDAQ:NLOK opened at $26.43 on Friday. The firm has a market capitalization of $15.10 billion, a PE ratio of 18.48 and a beta of 0.76. NortonLifeLock has a 52-week low of $20.12 and a 52-week high of $30.92. The firm has a fifty day moving average of $27.48 and a 200 day moving average of $27.98.

About NortonLifeLock

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.