Barclays Maintains Equal-Weight on Pegasystems, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Pegasystems (NASDAQ:PEGA) and lowers the price target from $68 to $66.
April 15, 2024 | 1:01 pm
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NEGATIVE IMPACT
Barclays maintains an Equal-Weight rating on Pegasystems and lowers the price target from $68 to $66.
The reduction in price target by Barclays, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in Pegasystems' stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100