DA Davidson Maintains Neutral on Pegasystems, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gil Luria maintains a Neutral rating on Pegasystems (NASDAQ:PEGA) and lowers the price target from $52 to $44.
October 27, 2023 | 3:52 pm
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NEGATIVE IMPACT
DA Davidson has lowered the price target for Pegasystems from $52 to $44 while maintaining a Neutral rating.
The lowering of the price target by DA Davidson indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Pegasystems' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100