RBC Capital Maintains Outperform on PTC, Raises Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an 'Outperform' rating on PTC (NASDAQ:PTC) and raises the price target from $158 to $165.
July 24, 2023 | 6:38 pm
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POSITIVE IMPACT
RBC Capital maintains an 'Outperform' rating on PTC and raises the price target from $158 to $165, indicating a positive outlook for the company.
The raised price target by RBC Capital indicates their belief in the company's potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100