Gen Digital Inc. ($GEN) has seen a flurry of activity in recent weeks, with mixed indicators for its future performance. Notably, the company’s
Q1 earnings surpassed predictions while revenues increased year-by-year, despite the reported decrease in profit. Additionally, there is an external show of confidence in the company as various reputable investment firms have increased their stock holding, including the likes of
Wellington Management Group, Sierra Summit Advisors, Price T Rowe Associates, and Barclays who also raised their price target after Gen Digital reported strong earnings growth. Furthermore, Gen Digital’s stock position is reported to have been raised by companies like Raymond James Financial, Ethic Inc. and Capital Fund Management. However, the company has also seen its shares sold off by many entities, such as Twin Tree Management, Graham Capital Management, Comerica Bank, and Caisse DE Depot ET Placement DU Quebec. Despite these unknowns,
Morgan Stanley suggests its stock price is expected to rise. Gen Digital’s potential is reflected in its upgraded outlook and
cybersecurity tools upgrade (Norton Neo) and analysts consider $GEN a strong value stock.
Gen Digital Stocks GEN News Analytics from Wed, 05 Feb 2025 08:00:00 GMT to Sat, 06 Sep 2025 17:37:25 GMT -
Rating 2
- Innovation 4
- Information 8
- Rumor -2
