TD Asset Management Inc, Mackenzie Financial Corp, Zurcher Kantonalbank Zurich Cantonalbank, several other high-profile investment firms have recently made significant changes to their holdings in Gen Digital Inc. (NASDAQ:GEN). With both buying and selling activities in the balance, overall sentiment regarding the company appears firmly positive. Analysts are bullish with a 'moderate buy' consensus and a price target of $46 by B. Riley. Notably, Gen Digital's Q2/2025 Gen Threat Report led to a 1.31% premarket rise in stock prices. Additionally, the recent acquisition trend augurs a promising future. Nonetheless, there are concerns regarding a potential lawsuit that could impact momentum. Additionally, Gen Digital expects its earnings to grow, and it's recognized as a strong value and growth stock. Its attractive valuation, strategic acquisitions, and growth potential in cyber safety industry present a positive outlook. Moreover, the company scheduled its Q1 earnings call for August 7th and announced a dividend of $0.125, indicative of its healthy financial status. Notably, Gen Digital outperforms its Business Services peers this year, showing improved relative strength. Innovation appears to be part of the strategy, as the firm expands from cybersecurity into fintech.
Gen Digital Stocks GEN News Analytics from Wed, 05 Feb 2025 08:00:00 GMT to Sun, 03 Aug 2025 00:02:22 GMT -
Rating 8
- Innovation 5
- Information 9
- Rumor 2
