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PagerDuty price target lowered to $18 from $19 at TD Cowen

TD Cowen lowered the firm’s price target on PagerDuty (PD) to $18 from $19 and keeps a Hold rating on the shares. The firm previewed its Q1 results where they expect growth to be inline with prior guidance. They said checks suggest potential share gain opportunity from Opsgenie given forced migration to Jira Service Mgmt.

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