Barclays raised the firm’s price target on Pegasystems (PEGA) to $100 from $96 and keeps an Equal Weight rating on the shares. The firm has increased confidence in Pegasystems post the company’s customer conference and analyst day. The client event confirmed the company’s status as a “well entrenched high-end provider that is now using AI to get to more customers and workloads,” the analyst tells investors in a research note.
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