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Bank of America double upgrades NortonLifeLock, predicts a consumer security ‘renaissance’

Trader on the floor of the New York Stock Exchange.

Source: NYSE

NortonLifeLock‘s improving results are putting the company in a strong position to take advantage of a potential boom in the consumer security business, according to Bank of America.

The software company reported its fiscal fourth-quarter results on Monday, beating expectations on the top and bottom lines and leading to an upgrade to buy from underperform by analyst Bank of America analyst Tal Liani on Wednesday.

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