RBC Capital Maintains Outperform on PagerDuty, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on PagerDuty (NYSE:PD) but lowers the price target from $27 to $22.
September 04, 2024 | 1:53 pm
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RBC Capital maintains an Outperform rating on PagerDuty but lowers the price target from $27 to $22, indicating a more cautious outlook.
The Outperform rating suggests continued confidence in PagerDuty's performance, but the lowered price target indicates a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100