BMO Capital Maintains Outperform on PTC, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Daniel Jester has maintained an Outperform rating on PTC (NASDAQ:PTC) and increased the price target from $195 to $200.
February 01, 2024 | 2:02 pm
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POSITIVE IMPACT
BMO Capital has maintained an Outperform rating on PTC and raised the price target from $195 to $200.
The increase in price target by BMO Capital suggests a positive outlook on PTC's stock, likely due to strong performance or favorable market conditions. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100