Baird Maintains Outperform on Aspen Technology, Lowers Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Rob Oliver maintains an Outperform rating on Aspen Technology (NASDAQ:AZPN) but lowers the price target from $225 to $210.

May 08, 2024 | 11:35 am
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Baird maintains an Outperform rating on Aspen Technology but lowers the price target from $225 to $210.
While the reduction in price target could suggest a tempered outlook on Aspen Technology's short-term price potential, the maintenance of an Outperform rating indicates a continued positive view on the company's fundamentals and long-term prospects. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the reaffirmed positive rating.
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IMPORTANCE 75
RELEVANCE 100