RBC Capital Downgrades PTC to Sector Perform, Raises Price Target to $306
RBC Capital analyst Matthew Hedberg downgrades PTC (NASDAQ:PTC) from Outperform to Sector Perform and raises the price target from $195 to $306.
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Why It Matters
An expert thinks PTC stock is now fairly priced for its industry. The higher price target reflects the stock's big gains, but not extra strength ahead.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.