What To Know About Wedbush's Upgrade of Pegasystems
Portfolio Pulse from Benzinga Insights
Wedbush has upgraded its rating of Pegasystems (NASDAQ:PEGA) to Outperform with a new price target of $65.00, up from $50.00. Pegasystems' shares are currently trading up 14.59% over the last 24 hours, at $56.12 per share. A move to $65.00 would account for a 15.81% increase from the current share price.
July 05, 2023 | 5:01 pm
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Wedbush has upgraded Pegasystems to Outperform with a new price target of $65.00. The stock is currently trading at $56.12, up 14.59% over the last 24 hours.
The upgrade by Wedbush is a positive signal for Pegasystems. The new price target of $65.00 represents a potential upside of 15.81% from the current trading price. This could attract more investors to the stock, potentially driving the price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100