Keybanc Downgrades Aspen Technology to Sector Weight
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Jason Celino has downgraded Aspen Technology (NASDAQ:AZPN) from Overweight to Sector Weight.
July 26, 2023 | 8:08 am
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Aspen Technology has been downgraded by Keybanc from Overweight to Sector Weight, which may impact its stock price.
Analyst ratings often influence the stock price. A downgrade from Overweight to Sector Weight suggests that the analyst believes the stock may perform in line with the average return of the sectors they cover, rather than outperforming. This could lead to a decrease in the stock price in the short term.
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