Citigroup Maintains Buy on Pegasystems, Maintains $70 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Steven Enders has maintained a 'Buy' rating on Pegasystems (NASDAQ:PEGA) and kept the price target at $70.
September 18, 2023 | 1:35 pm
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POSITIVE IMPACT
Citigroup's maintained 'Buy' rating and $70 price target could positively influence Pegasystems' stock in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. Given Citigroup's influence, the maintained 'Buy' rating and $70 price target could lead to increased investor confidence in Pegasystems, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100