JP Morgan Maintains Overweight on Pegasystems, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Murphy maintains an Overweight rating on Pegasystems (NASDAQ:PEGA) and raises the price target from $55 to $58.
June 13, 2023 | 4:55 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Pegasystems and raises the price target from $55 to $58.
The news of JP Morgan maintaining an Overweight rating on Pegasystems and raising the price target from $55 to $58 is positive for the company. This indicates that the analyst believes the stock has potential for further growth and is likely to outperform the market. As a result, this news may have a positive short-term impact on Pegasystems' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100