JMP Securities Upgrades Pegasystems to Market Outperform, Announces $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has upgraded Pegasystems (NASDAQ:PEGA) from Market Perform to Market Outperform, with a new price target of $85.
July 31, 2024 | 10:17 am
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POSITIVE IMPACT
JMP Securities has upgraded Pegasystems from Market Perform to Market Outperform, setting a new price target of $85. This upgrade could positively influence investor sentiment and drive short-term price appreciation.
Analyst upgrades often lead to increased investor confidence and buying activity. The new price target of $85 suggests significant upside potential, which could drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100