Wedbush Upgrades Pegasystems to Outperform, Raises Price Target to $65
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 $65.
July 05, 2023 | 11:55 am
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POSITIVE IMPACT
Pegasystems has been upgraded from Neutral to Outperform by Wedbush, with a raised price target from $50 to $65.
The upgrade from Neutral to Outperform by Wedbush indicates a positive outlook for Pegasystems. The raised price target from $50 to $65 suggests that the analyst expects the stock to outperform the market in the near future. This could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100