Barclays Maintains Underweight on Pegasystems, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Underweight rating on Pegasystems (NASDAQ:PEGA) and raises the price target from $44 to $45.
October 30, 2023 | 1:51 pm
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Barclays maintains an Underweight rating on Pegasystems but raises the price target from $44 to $45.
The news is directly about Pegasystems and is likely to impact its stock. While the Underweight rating suggests that Barclays believes the stock may underperform, the raised price target indicates a slightly more positive outlook. However, the impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100