Barclays Maintains Equal-Weight on Pegasystems, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Pegasystems (NASDAQ:PEGA) and raises the price target from $74 to $82.
October 25, 2024 | 5:58 pm
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Barclays has maintained its Equal-Weight rating on Pegasystems but increased the price target from $74 to $82, indicating a positive outlook.
The increase in the price target from $74 to $82 by Barclays suggests a positive outlook for Pegasystems, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100