Recent extremely meaningful positive changes in investment behavior have benefitted Gen Digital Inc (NASDAQ: GEN): positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
Gen Digital Inc (NASDAQ: GEN) has recently enjoyed important positive changes in fundamentals: significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, GEN is expected to continue to be a major Value Builder.
Gen Digital has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Gen Digital has a good Power Rating of 76 and a very high Appreciation Score of 88, with the Highest Value Trend Rating the result.
Recent Price Action
On 6/28/24, Gen Digital Inc (NASDAQ: GEN) stock increased 1.5%, closing at $24.98. NORMAL trading volume accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 5.1% during the last week.
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