Symantec to Acquire LifeLock for $2.3 Billion to Form World’s Largest Digital Safety Platform for Consumers and Families

Go back to Symantec to Acquire LifeLock for $2.3 Billion to Form World’s Largest Digital Safety Platform for Consumers and Families

Canaccord Genuity Downgrades LifeLock (LOCK) to Hold

November 22, 2016 7:25 AM EST

Canaccord Genuity downgraded LifeLock (NYSE: LOCK) from Buy to Hold with a price target of $24.00.

For an analyst ratings summary and ratings history on LifeLock click here. For more ratings news on LifeLock click here.

Shares of LifeLock closed at $23.81 yesterday.

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Deutsche Bank Downgrades LifeLock (LOCK) to Hold

November 22, 2016 6:49 AM EST

Deutsche Bank downgraded LifeLock (NYSE: LOCK) from Buy to Hold with a price target of $24.

Analyst Nandan Amladi said, "We downgraded our rating to a Hold as we expect the deal will close before the end of March 2017, as announced."

For an... More

Symantec (SYMC) Ratings Placed on CreditWatch Negative by S&P

November 21, 2016 1:52 PM EST

S&P Global Ratings today said it placed its 'BBB-' corporate credit rating on Symantec Corp., and the issue ratings on Symantec's debt, on CreditWatch with negative implications.

"The CreditWatch placement follows Symantec's announcement that it plans to acquire identity protection services provider LifeLock for $2.3 billion, funded with $1.5... More

Needham & Company Downgrades LifeLock (LOCK) to Hold Following Takeover

November 21, 2016 12:34 PM EST

Needham & Company downgraded LifeLock (NYSE: LOCK) from Buy to Hold after the company agreed to be acquired.

For an analyst ratings summary and ratings history on LifeLock click here. For more ratings news on LifeLock click here.

Shares of LifeLock closed at $20.75 yesterday.

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Dougherty & Co Downgrades LifeLock (LOCK) to Sell

November 21, 2016 11:50 AM EST

Dougherty & Co downgraded LifeLock (NYSE: LOCK) from Buy to Sell.

For an analyst ratings summary and ratings history on LifeLock click here. For more ratings news on LifeLock click here.

Shares of LifeLock closed at $20.75 yesterday.

... More

UBS Reiterates Buy on Symantec (SYMC) Following Announced Intentions to Acquire LifeLock (LOCK)

November 21, 2016 10:27 AM EST

UBS reiterated a Buy rating and $28.00 price target on Symantec (NASDAQ: SYMC) following the company's announced intention to acquire LifeLock (NYSE: LOCK) for $2.3B.

Analyst Brent Thill commented, "Today, SYMC announced its intention to acquire LifeLock (LOCK),... More