Information Provided By:
Fly News Breaks for March 28, 2017
PTC
Mar 28, 2017 | 08:28 EDT
KeyBanc says that the recent 8% drop in PTC following negative reports on the name has created a buying opportunity. The firm thinks that various aspects of the reports, including assertions that metrics used by the company are "arbitrary" - are inaccurate. The firm adds that the company's industrial IoT business is "the real deal." It thinks the stock can reach $62 in the near-term and jump 80%-90% over the next two to three years.
News For PTC From the Last 2 Days
There are no results for your query PTC
I agree to the thefly.com's disclaimer & terms of use
Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.