Barclays Maintains Equal-Weight on Pegasystems, Raises Price Target to $74
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Pegasystems (NASDAQ:PEGA) and raises the price target from $69 to $74.
July 26, 2024 | 4:10 pm
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Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Pegasystems and raises the price target from $69 to $74.
The raised price target from $69 to $74 by Barclays suggests a positive outlook for Pegasystems, which could lead to a short-term increase in stock price. However, the Equal-Weight rating indicates a neutral stance, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100