RBC Capital Maintains Outperform on PTC, Raises Price Target to $175
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on PTC (NASDAQ:PTC) and raises the price target from $165 to $175.
July 27, 2023 | 3:55 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on PTC and raises the price target from $165 to $175. This could potentially lead to an increase in PTC's stock price.
The raised price target by RBC Capital indicates a positive outlook for PTC. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, a rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100