Several industrial stocks were on the move on Monday after one Wall Street analyst adjusted his coverage and named his top sector stock picks for 2023.
The Analyst: Bank of America analyst Andrew Obin has issued the following industrial stock ratings changes:
PTC (NASDAQ:PTC) reported quarterly earnings of $1.27 per share which beat the analyst consensus estimate of $1.16 by 9.48 percent. This is a 15.45 percent increase over earnings of $1.10 per share from the same period