Baird analyst Rob Oliver lowered the firm’s price target on Aspen Technology to $202 from $224 and keeps a Neutral rating on the shares. The analyst said they reported inline Q2 results and noted they remain on track with its Emerson integrations keeping Baird on the sidelines as the company works though the Emerson integration and a delicate macro environment.
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Published first on TheFly
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Read More on AZPN:
- Aspen Technology raises FY23 EPS view to $6.83-$7.43 from $6.76-$6.91
- Aspen Technology reports Q2 adjusted EPS 35c, consensus $1.32
- Aspen Technology price target lowered to $224 from $242 at Baird
- Aspen Technology initiated with a Hold at Berenberg
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