tiprankstipranks
Trending News
More News >

PagerDuty price target lowered to $20 from $22 at RBC Capital

RBC Capital lowered the firm’s price target on PagerDuty (PD) to $20 from $22 and keeps an Outperform rating on the shares. The company’s quarter and outlook were mixed following the emergence of go-to-market challenges, though its margin leverage continues to impress, the analyst tells investors in a research note. RBC is reducing its FY26 revenue view to $496M from $503.5M, but it still believes that PagerDuty can exit the year in a position to accelerate revenue in FY26, the firm added.

Don’t Miss TipRanks’ Half-Year Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1