Bentley Systems shares are trading lower after Wolfe Research downgraded the stock from Outperform to Peer Perform following Bentley's Q2 financial results.
Portfolio Pulse from Benzinga Newsdesk
Bentley Systems' shares have dropped after Wolfe Research downgraded the stock from Outperform to Peer Perform, following the company's Q2 financial results.
August 09, 2023 | 4:43 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Bentley Systems' stock was downgraded by Wolfe Research, which led to a decrease in its share price.
The downgrade of Bentley Systems' stock by Wolfe Research from Outperform to Peer Perform is a negative signal to the market. This, coupled with the company's Q2 financial results, has led to a decrease in the share price. The impact is direct and significant, hence the high relevance and importance scores.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100