Baird Downgrades PagerDuty to Neutral, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Robert Oliver has downgraded PagerDuty (NYSE:PD) from Outperform to Neutral and lowered the price target from $32 to $25.
September 01, 2023 | 9:21 am
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PagerDuty's rating has been downgraded from Outperform to Neutral by Baird, with a lowered price target from $32 to $25.
The downgrade from Baird, a reputable financial services firm, could negatively impact investor sentiment towards PagerDuty. The lowered price target suggests that Baird sees less upside potential in the stock, which could lead to selling pressure.
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