RBC Capital Reiterates Sector Perform on Altair Engineering, Maintains $90 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg reiterated a 'Sector Perform' rating on Altair Engineering (ALTR) and maintained a $90 price target.

March 21, 2024 | 2:58 pm
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RBC Capital maintains a 'Sector Perform' rating on Altair Engineering with a $90 price target.
The reiteration of the 'Sector Perform' rating and maintenance of the $90 price target by RBC Capital suggests a neutral outlook on Altair Engineering's stock in the short term. This analysis is based on the assumption that the analyst's views are well-regarded and could influence market sentiment, but without a change in rating or price target, significant stock movement is not anticipated.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100