Baird raised the firm’s price target on PTC (PTC) to $198 from $194 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results as guidance was raised and a visible path to acceleration is seen.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PTC: