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Fly News Breaks for August 15, 2018
PEGA
Aug 15, 2018 | 17:54 EDT
MUFG analyst Stephen Bersey kept his Overweight rating and $65 price target on Pegasystems after its Q2 results, saying that despite the headline miss, the company had a solid quarter. The analyst states the reported shortfalls were due to a "higher subscription mix than either the company or the Street anticipated", adding that looking through the lens of annual contract value", the growth of 31% was "impressive". Bersey adds that Pegasystems is maintaining its operating momentum.
News For PEGA From the Last 2 Days
PEGA
Apr 26, 2024 | 06:27 EDT
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.
PEGA
Apr 24, 2024 | 18:48 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSImpinj (PI) up... To see the rest of the story go to thefly.com. See Story Here
