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Pegasystems price target raised to $103 from $82 at Barclays
The Fly

Pegasystems price target raised to $103 from $82 at Barclays

Barclays raised the firm’s price target on Pegasystems (PEGA) to $103 from $82 and keeps an Equal Weight rating on the shares. With software “back in favor again,” valuation levels have now caught up to historical averages, the analyst tells investors in a research note. However, the firm says there could be further upside as estimates have not moved higher yet and as base valuations shift out another year to 2026.

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