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Fly News Breaks for March 1, 2017
PTC
Mar 1, 2017 | 07:53 EDT
Seaport Global analyst Josh Sullivan initiated PTC with a Buy and a $69 price target. Sullivan believes the company is at an inflection point as the transition to subscription pricing vastly exceeded expectations, believes cash generation is poised to pick up, and said PTC has a commanding lead in the IIoT.
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