Goldman Sachs Maintains Neutral on Pegasystems, Raises Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kevin Kumar maintains a Neutral rating on Pegasystems (NASDAQ:PEGA) and raises the price target from $70 to $78.

July 26, 2024 | 2:35 pm
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POSITIVE IMPACT
Goldman Sachs analyst Kevin Kumar maintains a Neutral rating on Pegasystems and raises the price target from $70 to $78.
The raised price target from $70 to $78 by a reputable firm like Goldman Sachs is a positive signal for investors, indicating potential upside. However, the Neutral rating suggests that the stock may not outperform the market significantly in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100