Gen Digital stock rises 3.22% to $20.19, outperforming market

7 articles · Updated · MarketWatch · May 7

The gain came as the S&P 500 fell 0.38% to 7,337.11 and the Dow dropped 0.63% to 49,596.97 in a broadly weak session.
Volume reached 14.2 million shares, more than double its 50-day average of 6.9 million, signalling unusually heavy trading activity.
Gen Digital remains 37.33% below its 52-week high of $32.22 set on 13 August, while peers including Microsoft, Fortinet and Equifax also rose.

Why do analysts rate Gen Digital a 'Hold' despite record earnings and a potential 57% stock upside?

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