Wedbush Upgrades Pegasystems to Outperform, Raises Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has upgraded Pegasystems (NASDAQ:PEGA) from Neutral to Outperform and raised the price target from $50 to $64.

July 05, 2023 | 10:54 am
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Pegasystems has been upgraded from Neutral to Outperform by Wedbush, with a raised price target from $50 to $64.
The upgrade from Neutral to Outperform by a reputable analyst at Wedbush indicates a positive outlook for Pegasystems. The raised price target from $50 to $64 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100