Rosenblatt lowered the firm’s price target on Bentley Systems (BSY) to $50 from $58 and keeps a Buy rating on the shares. The firm expects the company to report inline Q4 results on February 26. It cites multiple compression in the space for the target cut.
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Read More on BSY:
- Autodesk price target lowered to $290 from $400 at UBS
- Bentley Systems price target lowered to $40 from $60 at UBS
- Bentley Systems initiated with an Outperform at BMO Capital
- Bentley Systems price target lowered to $53 from $65 at Oppenheimer
- Bentley Systems downgraded to Neutral from Overweight at Piper Sandler
