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

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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.

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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

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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