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Fly News Breaks for July 19, 2018
PTC
Jul 19, 2018 | 08:43 EDT
Baird analyst Rob Oliver said PTC reported "solid" Q3 results despite some noise around reported numbers due to foreign exchange headwinds and a larger mix of perpetual revenues in APAC customers. The analyst calls PTC one of the most exciting stories in software and he would be aggressive on any weakness. Oliver reiterated his Outperform rating and $110 price target on PTC shares.
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