Oppenheimer Maintains Outperform on Ansys, Lowers Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ken Wong maintains an Outperform rating on Ansys (NASDAQ:ANSS) but has lowered the price target from $400 to $320.
November 03, 2023 | 7:54 pm
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Oppenheimer has maintained an Outperform rating on Ansys but lowered the price target from $400 to $320.
The news is directly related to Ansys (ANSS). While the Outperform rating is maintained, the lowering of the price target could indicate a potential decrease in the stock's value. However, the impact on the stock price is uncertain in the short term as the Outperform rating suggests that the stock is expected to do better than the market average.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100