Wedbush analyst Steve Koenig raised his price target for Pegasystems to $73 from $66 following a "solid" Q4. The analyst reiterates an Outperform rating on the shares.
Barclays raised the firm's price target on Pegasystems to $69 from $66 and keeps an Equal Weight rating on the shares. The company reported mixed results highlighted trade-offs between growth and profitability, the analyst tells investors in a research note.
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