Rosenblatt Maintains Neutral on Altair Engineering, Raises Price Target to $113
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Blair Abernethy maintains a Neutral rating on Altair Engineering (NASDAQ:ALTR) but raises the price target from $88 to $113.
October 31, 2024 | 12:34 pm
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POSITIVE IMPACT
Rosenblatt has maintained a Neutral rating on Altair Engineering but increased the price target from $88 to $113, indicating a positive outlook.
The increase in the price target from $88 to $113 suggests that the analyst sees potential upside in Altair Engineering's stock, which could lead to a positive short-term impact on the stock price. However, the Neutral rating indicates that the analyst does not see a strong buy signal, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100