Baird raised the firm’s price target on PTC (PTC) to $191 from $185 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results.
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Read More on PTC:
- PTC’s Strong ARR Growth and Financial Resilience Justify Buy Rating Despite Lowered FY25 Guidance
- PTC price target lowered to $180 from $202 at Piper Sandler
- PTC Inc. Reports Strong Q2 2025 Financial Results
- PTC reports Q2 non-GAAP EPS $1.79, consensus $1.40
- PTC raises FY25 adjusted EPS view to $5.80-$6.55 from $5.30-$6.00