Gen Digital price target raised to $30 from $28 at Barclays

Barclays analyst Saket Kalia raised the firm’s price target on Gen Digital (GEN) to $30 from $28 and keeps an Equal Weight rating on the shares. The company reported 389,000 net subscriber adds, driven by international growth and elevated identity interest, and the low end of the guide is going up with some puts/takes on earnings, the analyst tells investors in a research note.