Analyst Rating Update on LifeLock (LOCK)

LifeLock (LOCK) : 4 analysts are covering LifeLock (LOCK) and their average rating on the stock is 2, which is read as a Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. LifeLock (LOCK) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

LifeLock (LOCK) : Average target price received by LifeLock (LOCK) is $16.75 with an expected standard deviation of $1.32. The most aggressive target on the stock is $18, whereas the most downbeat target is $15. 4 financial analysts are currently covering the stock.

For the current week, the company shares have a recommendation consensus of Buy.


LifeLock (NYSE:LOCK): The stock opened at $16.85 on Wednesday but the bulls could not build on the opening and the stock topped out at $16.89 for the day. The stock traded down to $15.46 during the day, due to lack of any buying support eventually closed down at $15.87 with a loss of -4.68% for the day. The stock had closed at $16.65 on the previous day. The total traded volume was 3,711,975 shares.

LifeLock, Inc. is a provider of proactive identity theft protection services for consumers and identity risk assessment and fraud protection services for enterprises. It operates in two segments: consumer segment, which offers offer identity theft protection services to consumers on a monthly or annual subscription basis, and an enterprise segment, which offers consumer risk management services to enterprise customers who pay it based on the monthly volume of transactions with the Company. As of December 31, 2014, the Company served approximately 3.6 million paying members. As of December 31, 2014, the Company served over 300 enterprise customers. The Company offers the LifeLock Wallet mobile application, which allows consumers to replicate and store a digital copy of the personal wallet contents on smart device for records backup, as well as mobile use of items, such as credit, identification, ATM (automated teller machine), insurance, and loyalty cards.

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