Why NortonLifeLock's Stock Is Trading Higher Today

NortonLifeLock Inc. NLOK shares are trading higher after BofA Securities upgraded the stock from Underperform to Buy and announced a $30 price target.

NortonLifeLock sells cybersecurity and identity protection for individual consumers through its Norton antivirus and LifeLock brands.

NortonLifeLock's stock was trading 7.5% higher at $25.11 on Wednesday at the time of publication. The stock has a 52-week high of $25.24 and a 52-week low of $17.98.