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Fly News Breaks for June 19, 2018
PTC
Jun 19, 2018 | 07:07 EDT
Barclays analyst Saket Kalia raised his price target for PTC to $114 citing higher free cash flow estimates following the company's investor meeting. The analyst believes Internet of Things should become bigger than Product Lifecycle Management driving accelerating bookings growth. He keeps an Overweight rating on PTC shares.
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