DA Davidson Maintains Neutral on Pegasystems, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gil Luria maintains a Neutral rating on Pegasystems (NASDAQ:PEGA) and raises the price target from $60 to $70.
July 26, 2024 | 3:00 pm
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DA Davidson analyst Gil Luria maintains a Neutral rating on Pegasystems and raises the price target from $60 to $70.
The raised price target from $60 to $70 suggests a positive outlook on Pegasystems' future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100