Gen Digital (GEN) has exhibited a lot of activity in its portfolio as indicated by multiple transactions carried out by asset managers, family offices, and analysts. While
TD Asset Management has reduced its GEN holdings,
Hixon Zuercher added a $3.3 million stake, balancing the sell-offs and investments. Despite stock volatility, there is a strong case for investing in GEN due to its strong earnings, positive forward-looking guidance, and market leadership. Firms like
Aberdeen Group and
Generali Investments have increased their GEN stock holdings, reflecting their confidence.
Jefferies held Gen Digital's stock rating at $31 amidst execution risks, while Barclays raised GEN's price target after a good earnings growth show. Despite a falling streak, Gen Digital is seen as a strong value and momentum stock by numerous market stakeholders. Several asset management firms like
Patton Fund Management and
Rice Partnership have acquired significant number of shares, and Wall Street Zen upgraded GEN. Gen Digital has also raised annual revenue and profit forecast due to increased cybersecurity demand, and beat Q1 earnings and revenue estimates. Concerning the company's intrinsic value, a report suggests GEN shares could be 34% below it. Amid these factors, the stock remains attractively valued despit recent price drifts and promises positive returns over the long term.
Gen Digital Stocks GEN News Analytics from Wed, 05 Feb 2025 08:00:00 GMT to Sat, 18 Oct 2025 13:32:08 GMT -
Rating -2
- Innovation 3
- Information 9
- Rumor -8
