Dougherty & Co Downgrades LifeLock (LOCK) to Sell

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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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Symantec (SYMC) to Acquire LifeLock (LOCK) for $2.3B

November 20, 2016 10:07 PM EST

Symantec Corp. (NASDAQ: SYMC) and LifeLock, Inc. (NYSE: LOCK) today announced that they have entered into a definitive agreement for Symantec to acquire LifeLock for $24 per share or $2.3 billion in enterprise value. The deal, which was approved by the boards of directors of both companies, is expected to close in the first calendar quarter of 2017, subject to customary closing conditions including LifeLock stockholder approval.

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