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

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

NortonLifeLock Stock Performance

NASDAQ:NLOK opened at $27.55 on Tuesday. The firm has a market cap of $15.74 billion, a P/E ratio of 19.27 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’s fifty day moving average is $27.48 and its 200-day moving average is $27.71.

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.