Barclays Maintains Overweight on PTC, Raises Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Overweight rating on PTC (NASDAQ:PTC) and raises the price target from $198 to $215.
April 11, 2024 | 1:38 pm
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Barclays analyst Saket Kalia maintains an Overweight rating on PTC and raises the price target from $198 to $215.
The upgrade in the price target by Barclays reflects a positive outlook on PTC's stock, suggesting potential upside. This is likely to be viewed favorably by investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100