Goldman Sachs Maintains Neutral on Pegasystems, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kevin Kumar maintains a Neutral rating on Pegasystems (NASDAQ:PEGA) and raises the price target from $46 to $52.
June 14, 2023 | 1:09 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on Pegasystems and raises the price target from $46 to $52.
The news directly mentions Pegasystems (NASDAQ:PEGA) and the price target increase by Goldman Sachs. However, the Neutral rating remains unchanged, indicating that the analyst does not expect significant short-term price movement. The impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100