LifeLock (LOCK) Appoints New CEO; Offers Prelim. FY15 Results

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Needham & Company Remains Positive Following LifeLock's (LOCK) Announced Management Moves; CEO to Exec Vice Chairman

January 21, 2016 7:59 AM EST

Needham & Company reiterated a Buy rating and $17.00 price target on LifeLock (NYSE: LOCK) following the company's surprise announcement that longtime CEO Todd Davis will step back and move to an Executive Vice-Chairman role. Todd Davis will be replaced by President of LOCK, Hilary Schneider, on March 1. After leading LOCK... More