Wedbush Starts ANSYS (ANSS) at Neutral; Leading Position with Strong Mgmt; Buy on Dip
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Price: $374.30 --0%
Rating Summary:
10 Buy, 19 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
10 Buy, 19 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Wedbush initiates coverage on ANSYS (NASDAQ: ANSS) with a Neutral. PT $80.00.
Analyst, Steve Koenig, said, "We are bullish on ANSS’s fundamentals, including the company’s strong market position, industry-leading margins, capable management team, and long runway for growth."
"Recent stock appreciation has boosted trading multiples to the top end of ANSS’s range, and we think investors with a 12-month time horizon can probably find a better entry point."
For an analyst ratings summary and ratings history on ANSYS click here. For more ratings news on ANSYS click here.
Shares of ANSYS closed at $72.37 yesterday.
Analyst, Steve Koenig, said, "We are bullish on ANSS’s fundamentals, including the company’s strong market position, industry-leading margins, capable management team, and long runway for growth."
"Recent stock appreciation has boosted trading multiples to the top end of ANSS’s range, and we think investors with a 12-month time horizon can probably find a better entry point."
For an analyst ratings summary and ratings history on ANSYS click here. For more ratings news on ANSYS click here.
Shares of ANSYS closed at $72.37 yesterday.
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