Wedbush Reaffirms Outperform Rating for PTC Inc (PMTC)
PTC Inc (NASDAQ:PMTC)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Wedbush in a report issued on Wednesday. They currently have a $64.00 target price on the technology company’s stock. Wedbush’s price target suggests a potential upside of 96.44% from the company’s previous close.
PTC Inc is a global computer software and services company. The Company offers a portfolio of computer-aided design (CAD) modeling, product lifecycle management (PLM) and service lifecycle management (SLM) solutions for manufacturers to create, operate, and service products. It offers a suite of Internet of Things (IoT) solutions that enables its customers to connect, manage and analyze data, and create applications.
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