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Fly News Breaks for May 25, 2016
LOCK
May 25, 2016 | 07:58 EDT
Canaccord met with LifeLock management and came away with increased confidence in the set-up for improving underlying customer metrics. The firm said they see little risk to the company's free cash flow estimates and sees current valuation providing support until the underlying drivers of the business return. Canaccord reiterated its Buy rating and raised its price target to $16 from $15 on LifeLock shares.
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