Rosenblatt downgraded Bentley Systems (BSY) to Neutral from Buy with a price target of $58, up from $53, following the Q2 report. The firm cites valuation for the downgrade, preferring to wait for a more attractive entry point. Baird believes Bentley’s end market demand for infrastructure software tools remained stable in the June quarter.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BSY:
- Bentley Systems Reports Strong Q2 2025 Results
- Bentley Systems Reports Strong ARR Growth and Strategic Expansion
- Strong Buy Rating for Bentley Systems Driven by Impressive Financial Performance and Favorable Market Conditions
- Bentley Systems reports Q2 adjusted EPS 32c, consensus 29c
- Bentley Systems price target raised to $64 from $54 at Baird