RBC Capital Maintains Outperform on Bentley Systems, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Bentley Systems (NASDAQ:BSY) and raises the price target from $53 to $59.
August 07, 2023 | 4:03 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Bentley Systems and raises the price target from $53 to $59, which could lead to a positive market reaction.
The raised price target by RBC Capital indicates a positive outlook for Bentley Systems. 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