PTC’s (PMTC) “Outperform” Rating Reaffirmed at Wedbush
PTC Inc (NASDAQ:PMTC)‘s stock had its “outperform” rating reaffirmed by research analysts at Wedbush in a report issued on Thursday. They currently have a $64.00 price objective on the technology company’s stock, up from their previous price objective of $62.00. Wedbush’s target price would indicate a potential upside of 96.44% from the company’s current price.
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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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