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Fly News Breaks for February 4, 2020
NLOK
Feb 4, 2020 | 09:04 EDT
RBC Capital analyst Matthew Hedberg lowered his price target on NortonLifeLock to $17 and kept his Sector Perform rating ahead of its Q3 results this week, saying his new target reflects a one-time special dividend as well as peer group multiple expansion since his last research note. The analyst adds that he also remains positive on NortonLifeLock's opportunity for modest growth as well as margin improvement.
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