Baird Maintains Outperform on PTC, Raises Price Target to $226
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Joe Vruwink has maintained an Outperform rating on PTC and raised the price target from $216 to $226, indicating confidence in the company's future performance.
October 22, 2024 | 11:30 am
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Baird analyst Joe Vruwink has maintained an Outperform rating on PTC and raised the price target from $216 to $226, indicating confidence in the company's future performance.
The increase in the price target from $216 to $226 by Baird suggests a positive outlook on PTC's future performance. The Outperform rating indicates that the analyst expects PTC to perform better than the market average, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100