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Fly News Breaks for November 19, 2019
ANSS
Nov 19, 2019 | 07:48 EDT
Benchmark analyst Mark Schappel said he came away from investor meetings the firm hosted with Ansys management with greater conviction in his core thesis that the engineering simulation arena is a large market driven by favorable secular trends. Following the meetings, Schappel raised his price target on Ansys shares to $265 from $235, though he also expressed "some reservations" about increasing his price target "given the stock's strong run." He reiterates a Buy rating on Ansys shares.
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