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Aspen Technology price target raised to $275 from $250 at Baird
The Fly

Aspen Technology price target raised to $275 from $250 at Baird

Baird analyst Rob Oliver raised the firm’s price target on Aspen Technology (AZPN) to $275 from $250 and keeps an Outperform rating on the shares. The firm noted the company recoieved a $240/share buyout andinitially felt $260/share would have been more reasonable and they believe the most likely outcomes will be either the offer is revised offer higher, or the deal gets called-off/postponed.

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