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

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

NortonLifeLock Price Performance

Shares of NortonLifeLock stock opened at $30.85 on Friday. The firm has a market cap of $17.63 billion, a PE ratio of 21.57 and a beta of 0.76. NortonLifeLock has a 1 year low of $20.12 and a 1 year high of $30.92. The stock has a fifty day moving average price of $28.31 and a 200-day moving average price of $26.25.

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.