RBC Capital Reiterates Outperform on PTC, Maintains $202 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has reiterated an Outperform rating on PTC (NASDAQ:PTC), maintaining a price target of $202.
February 01, 2024 | 4:11 pm
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RBC Capital maintains an Outperform rating on PTC with a $202 price target.
The reiteration of an Outperform rating by a prominent analyst like Matthew Hedberg, along with a substantial price target of $202, suggests a strong bullish sentiment towards PTC. This endorsement is likely to instill confidence among investors, potentially driving short-term positive momentum in PTC's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100