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Fly News Breaks for February 4, 2020
NLOK
Feb 4, 2020 | 06:41 EDT
Mizuho analyst Gregg Moskowitz lowered his price target for NortonLifeLock to $19 from $30 after the company yesterday paid a special dividend of $12 per share. When the company reports on Thursday, the analyst expects to see another quarter of consumer billings growth along with "significant progress" in its ability to remove stranded costs associated with the divested Symantec enterprise business. Moskowitz keeps a Buy rating on the shares.
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