Evercore ISI resumed coverage of Gen Digital (GEN) with an Outperform rating and $35 price target Gen Digital, a historically strong cash flow generator, is now addressing a significantly expanded total addressable market via the recently completed acquisition of MoneyLion, the analyst tells investors in a research note. MoneyLion provides Gen Digital with an attractive new target for reinvestment and a significant, adjacent cross-sell lever, the firm says.
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