Barclays Maintains Underweight on Pegasystems, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Underweight rating on Pegasystems (NASDAQ:PEGA) and raises the price target from $41 to $47.
July 28, 2023 | 10:34 am
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Barclays maintains an Underweight rating on Pegasystems but raises the price target from $41 to $47.
The news is directly related to Pegasystems (PEGA). Barclays maintains an Underweight rating, indicating a negative outlook. However, the raised price target from $41 to $47 suggests a potential upside, which could have a neutral impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100