Barclays Maintains Equal-Weight on Gen Digital, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Equal-Weight rating on Gen Digital and raises the price target from $27 to $28.
October 07, 2024 | 6:30 pm
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POSITIVE IMPACT
Barclays has maintained its Equal-Weight rating on Gen Digital while slightly increasing the price target from $27 to $28, indicating a modestly positive outlook.
The increase in the price target from $27 to $28 by Barclays suggests a slightly improved outlook for Gen Digital. Maintaining the Equal-Weight rating indicates that the stock is expected to perform in line with the market. This could lead to a modest positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100