Rosenblatt Reiterates Buy on Pegasystems, Maintains $75 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Blair Abernethy has reiterated a Buy rating on Pegasystems (NASDAQ:PEGA) and maintained a $75 price target.
April 23, 2024 | 12:07 pm
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POSITIVE IMPACT
Rosenblatt maintains a Buy rating and a $75 price target on Pegasystems.
The reiteration of a Buy rating and maintenance of a $75 price target by a reputable analyst like Blair Abernethy from Rosenblatt signals a strong vote of confidence in Pegasystems. This endorsement is likely to positively influence investor sentiment and could lead to a short-term uplift in PEGA's stock price, given the analyst's influence and the specificity of the price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100