RBC Capital Maintains Outperform on Bentley Systems, Raises Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Bentley Systems (NASDAQ:BSY) and raises the price target from $59 to $61.
November 08, 2023 | 7:28 pm
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RBC Capital maintains an Outperform rating on Bentley Systems and raises the price target from $59 to $61. This could potentially lead to an increase in the stock price.
The Outperform rating maintained by RBC Capital indicates that they expect Bentley Systems to outperform the market. The increase in the price target from $59 to $61 suggests that they believe the stock is undervalued at its current price, which could lead to an increase in the stock price as the market adjusts to this new information.
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IMPORTANCE 80
RELEVANCE 100