On Oct 31, major Wall Street analysts update their ratings for $Gen Digital (GEN.US)$, with price targets ranging from $27 to $37.
Morgan Stanley analyst Hamza Fodderwala maintains with a hold rating, and maintains the target price at $27.
Barclays analyst Saket Kalia maintains with a hold rating, and adjusts the target price from $28 to $30.
Wells Fargo analyst Andrew Nowinski maintains with a buy rating, and adjusts the target price from $35 to $37.
RBC Capital analyst Matthew Hedberg maintains with a hold rating, and adjusts the target price from $28 to $29.
Furthermore, according to the comprehensive report, the opinions of $Gen Digital (GEN.US)$'s main analysts recently are as follows:
The company witnessed an increase of 389,000 in net subscriber additions, spurred by international expansion and rising interest in identity protection. Moreover, there's an upward revision in the lower end of the guidance considering various factors influencing earnings.
The firm anticipates that shares will advance following the impressive Q2 results, marked by a 5% increase in bookings that is likely to elevate revenue growth and underpin mid-teens growth in earnings per share. The firm's near-term outlook remains positive, owing to the breach activity that is stimulating demand.
Here are the latest investment ratings and price targets for $Gen Digital (GEN.US)$ from 4 analysts:
Note:
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