A Closer Look at 10 Analyst Recommendations For Pegasystems
Portfolio Pulse from Benzinga Insights
Analysts have varied ratings for Pegasystems (NASDAQ:PEGA), with recent upgrades in price targets. The average 12-month price target increased by 11.63% to $83.6. Analysts' ratings range from 'Buy' to 'Neutral', reflecting positive sentiment. Pegasystems shows strong financial metrics but carries substantial debt.
September 25, 2024 | 7:02 pm
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POSITIVE IMPACT
Analysts have shown increased confidence in Pegasystems with several raising their price targets. The average target is now $83.6, up 11.63% from the previous $74.89. This reflects a positive outlook on the company's future performance.
The increase in average price target by 11.63% indicates analysts' positive sentiment towards Pegasystems. Multiple analysts have raised their ratings, suggesting confidence in the company's future performance. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100