RBC Capital Maintains Outperform on PagerDuty, Lowers Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has maintained an Outperform rating on PagerDuty (NYSE:PD) but has reduced the price target from $32 to $31.
December 01, 2023 | 5:01 pm
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RBC Capital has maintained an Outperform rating on PagerDuty but lowered the price target from $32 to $31, indicating a slight reduction in expected future stock performance.
The reduction in price target is minor, suggesting that the analyst's outlook on the company remains largely positive. However, the lowered target may slightly temper investor expectations for the stock's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100