TD Cowen Maintains Hold on PagerDuty, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst J. Derrick Wood maintains a Hold rating on PagerDuty (NYSE:PD) but lowers the price target from $23 to $19.
September 04, 2024 | 3:10 pm
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TD Cowen analyst J. Derrick Wood maintains a Hold rating on PagerDuty but lowers the price target from $23 to $19, indicating a more cautious outlook.
The reduction in price target from $23 to $19 by TD Cowen suggests a less optimistic view on PagerDuty's short-term performance, which could lead to a negative impact on its stock price.
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