B of A Securities Initiates Coverage On Gen Digital with Buy Rating, Announces Price Target of $25
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Jonathan Eisenson has initiated coverage on Gen Digital (NASDAQ:GEN) with a Buy rating and set a price target of $25.
November 16, 2023 | 1:39 pm
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Gen Digital has been given a Buy rating and a $25 price target by B of A Securities, indicating a positive outlook for the stock.
Analyst ratings, especially from major firms like B of A Securities, can significantly influence investor sentiment and stock prices in the short term. A Buy rating combined with a price target that suggests upside potential is likely to be viewed positively by the market, potentially driving up the stock price of Gen Digital.
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IMPORTANCE 90
RELEVANCE 100