RBC Capital Reiterates Sector Perform on Gen Digital, Maintains $25 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg reiterated a 'Sector Perform' rating on Gen Digital (NASDAQ:GEN) and maintained a $25 price target.

February 02, 2024 | 4:03 pm
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NEUTRAL IMPACT
RBC Capital maintains a 'Sector Perform' rating and a $25 price target on Gen Digital.
The reiteration of the 'Sector Perform' rating and maintenance of the $25 price target by RBC Capital suggests a neutral outlook on Gen Digital's stock in the short term. This indicates that the analyst believes the stock is fairly valued at its current level, neither undervalued nor overvalued, which is why the score is neutral (0). The high relevance score is due to the direct mention and focus on Gen Digital. The importance is significant but not critical, as analyst ratings are just one of many factors investors consider. The confidence level is high due to the clear stance of the analyst.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90