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Fly News Breaks for October 18, 2018
ALTR
Oct 18, 2018 | 06:25 EDT
After attending the Altair Technology Conference in Paris, Berenberg analyst Gal Munda reiterates a Buy rating on Altair shares with a $48 price target. The sheer amount of enthusiastic users and continued product rollout bodes well for the business, Munda tells investors in a research note. The analyst says that following the recent share selloff due to worries of the company's auto exposure, the conference further supports his confidence in its growth story.
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