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Bentley Systems price target lowered to $57 from $65 at Piper Sandler
The Fly

Bentley Systems price target lowered to $57 from $65 at Piper Sandler

Piper Sandler lowered the firm’s price target on Bentley Systems (BSY) to $57 from $65 and keeps an Overweight rating on the shares. The firm believes 2025 ARR growth will upside consensus, but thinks its bullish mid-teens annual recurring revenue scenario is unlikely to transpire in 2025.

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