TD Cowen lowered the firm’s price target on PagerDuty (PD) to $20 from $22 and keeps a Buy rating on the shares. The firm noted 3Q revenue growth of 5% was at low-end of guide and FY lowered from 5-6% to 5%.
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Read More on PD:
- Craig-Hallum cuts PagerDuty to Hold as growth expectations continue to deflate
- PagerDuty price target lowered to $16 from $17 at Morgan Stanley
- PagerDuty downgraded to Hold from Buy at Craig-Hallum
- PagerDuty’s Growth Challenges: Transition to Usage-Based Model Critical Amid Slowing ARR
- PagerDuty: Balancing Challenges with Strategic Growth and AI Innovations
