Gen Digital Inc
GEN: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$69.00 | Pytr | Zcywmqc |
NortonLifeLock Is a Big Fish in a Murkier Pond; Maintain FVE; Shares Fairly Valued
We are resuming coverage of no-moat NortonLifeLock with a $24 fair value estimate. Shares appear fairly valued to us. Our long-term forecasts are unchanged, and we continue to view NortonLifeLock as a strong player in the consumer-oriented security space.