Citi raised the firm’s price target on Pegasystems (PEGA) to $123 from $99 and keeps a Buy rating on the shares. The firm says the Q4 results were mixed across the application software group against a stable macro backdrop with resilient automation demand. It updated models post the Q3 reports.
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Read More on PEGA:
- Pegasystems price target raised to $103 from $82 at Barclays
- Pegasystems Repurchases Convertible Notes at a Discount
- Pegasystems price target raised to $90 from $84 at Loop Capital
- Pegasystems price target raised to $100 from $90 at Wedbush
- Pegasystems price target raised to $82 from $74 at Barclays
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