Oppenheimer Upgrades PTC to Outperform, Announces $165 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ken Wong has upgraded PTC (NASDAQ:PTC) from Perform to Outperform and announced a price target of $165.
October 30, 2023 | 9:15 am
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POSITIVE IMPACT
PTC has been upgraded to Outperform from Perform by Oppenheimer, with a new price target of $165.
The upgrade from Perform to Outperform by Oppenheimer indicates a positive outlook for PTC. The new price target of $165 suggests that the analyst expects the stock to perform well in the future. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100