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Fly News Breaks for March 9, 2018
PTC
Mar 9, 2018 | 05:15 EDT
KeyBanc analyst Monika Garg raised her price target for PTC to $92 citing increased confidence in the Company's Internet of Things opportunities. After hosting management, the analyst sees growing use cases for PTC in industrial equipment, logistics, and medical devices. She believes multiple expansion is warranted and keeps an Overweight rating on the shares.
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