Piper Sandler Reiterates Neutral on PTC, Raises Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Clarke Jeffries has reiterated a Neutral rating on PTC (NASDAQ:PTC) and raised the price target from $150 to $155.
November 02, 2023 | 8:09 am
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NEUTRAL IMPACT
Piper Sandler's reiteration of a Neutral rating and increase in price target for PTC could potentially influence the stock's performance.
The reiteration of a Neutral rating indicates that Piper Sandler does not expect significant changes in PTC's stock performance. However, the increase in price target from $150 to $155 suggests a slightly more positive outlook, which could influence investor sentiment and potentially impact the stock's short-term performance.
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IMPORTANCE 75
RELEVANCE 100