Certara Inc. (CERT) PT Raised to $41 at Baird

Baird analyst Vikram Kesavabhotla raised the price target on Certara Inc. (NASDAQ: CERT) to $41.00 (from $32.00) while maintaining an Outperform rating.

The analyst commented, "We are raising our estimates to reflect the pending acquisition of Pinnacle 21 and increased confidence in organic execution against a robust macro backdrop. We also hosted Certara at the Baird Healthcare Conference, and our conversations with management left us incrementally constructive on demand trends for the business, validating a supportive end market. We continue to believe CERT offers an attractive investment case based on industry tailwinds, competitive strengths, and durable growth/margins. We reiterate our Outperform rating and are raising our price target to $41."

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