Generali Investments, Allspring Global Investments< Holdings LLC and Robeco Institutional Asset Management B.V.
Acquired significant number of shares in Gen Digital Inc. However, there were sell-offs from Bessemer Group Inc. and New York State Teachers Retirement System.
Analysts have given Gen Digital Inc.
a generally positive outlook which is reflected in
strong performance in the stock's relative strength rating and it being added to the Russell 1000 Growth Index. It's worth noting there's elevated
interest from investors with Gen Digital's
potential upside of 10.3%. There are more bullish sentiments stemming from reinstated outperform rating and optimism over
anticipated earnings result. The stock's
international revenue trends also shouldn't be overlooked according to Wall Street observers. A standout development is Gen Digital's
acquisition of Moneylion, a move viewed as a strategic shift to expand their financial wellness capabilities. While there are concerns over a lawsuit potentially hindering their momentum, shares holders have
approved the $1B acquisition deal. Furthermore, Gen Digital has improved its cyber safety products with
AI-power scam protection and unveiled the AI-driven browser,
Norton Neo. Despite the company's stocks plummeting alongside Trump's tariff shock, there has been
a strong recovery showing that Gen Digital's financial health and performance are on an upward trajectory.
Gen Digital Stocks GEN News Analytics from Tue, 08 Oct 2024 07:00:00 GMT to Sat, 05 Jul 2025 12:25:38 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -2
