Rosenblatt Maintains Buy on PTC, Raises Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Blair Abernethy maintains a Buy rating on PTC (NASDAQ:PTC) and raises the price target from $166 to $195.
February 01, 2024 | 1:23 pm
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Rosenblatt analyst Blair Abernethy reaffirms a Buy rating on PTC and increases the price target to $195.
The upgrade in the price target by a reputable analyst like Blair Abernethy suggests a strong confidence in PTC's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in PTC's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100