RBC Capital Maintains Sector Perform on Altair Engineering, Raises Price Target to $74
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Matthew Hedberg maintains a 'Sector Perform' rating on Altair Engineering (NASDAQ:ALTR) and raises the price target from $71 to $74.
August 04, 2023 | 3:37 pm
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POSITIVE IMPACT
RBC Capital maintains a 'Sector Perform' rating on Altair Engineering and raises the price target from $71 to $74. This could potentially lead to a positive market reaction.
The raised price target by RBC Capital indicates a positive outlook for Altair Engineering. This could potentially lead to a positive market reaction as it suggests that the stock is undervalued at its current price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100