LifeLock (LOCK) Reports In-Line Q1 EPS, Offers Q2, FY Guidance

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LifeLock (LOCK) Q1 'Solid', Needham & Company Says; PT Trimmed to $21

April 30, 2015 6:16 AM EDT

Needham & Company analyst Scott Zeller trimmed his price target on LifeLock (NYSE: LOCK) to $21.00 (from $23.00) despite "solid" Q1 results and maintained a Buy rating.

Zeller commented, "LifeLock was another beat and raise (narrow beat) with subscription revenue +25% y/y, strong for a recurring revenue... More