Truist Securities Initiates Coverage On Pegasystems with Buy Rating, Announces Price Target of $110
Truist Securities initiates coverage on Pegasystems (NASDAQ:PEGA) with a Buy rating and announces Price Target of $110.
What 4 Analyst Ratings Have To Say About Pegasystems
Over the past 3 months, 4 analysts have published their opinion on Pegasystems (NASDAQ:PEGA) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Stocks That Hit 52-Week Lows On Thursday
On Thursday, 147 companies achieved new lows for the year.
Earnings Scheduled For February 16, 2022
Companies Reporting Before The Bell
• Wix.com (NASDAQ:WIX) is projected to report quarterly loss at $0.38 per share on revenue of $331.16 million.
Earnings Outlook For Pegasystems
Pegasystems (NASDAQ:PEGA) is set to give its latest quarterly earnings report on Wednesday, 2022-02-16. Here's what investors need to know before the announcement.
Analysts estimate that Pegasystems will report an earnings per share (EPS) of $0.12.
12 Information Technology Stocks Moving In Wednesday’s After-Market Session
Gainers
Pegasystems (NASDAQ:PEGA) stock rose 12.6% to $109.48 during Wednesday's after-market session. The market value of their outstanding shares is at $8.9 billion.
Barclays Maintains Equal-Weight on Pegasystems, Lowers Price Target to $140
Barclays analyst Raimo Lenschow maintains Pegasystems (NASDAQ:PEGA) with a Equal-Weight and lowers the price target from $145 to $140.