UPDATE: Wolfe Research Starts Aspen Technology (AZPN) at Peerperform

August 16, 2022 5:08 PM EDT
Get Alerts AZPN Hot Sheet
Price: $222.15 -0.52%

Rating Summary:
    12 Buy, 4 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 6 | Down: 13 | New: 58
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(Updated - August 16, 2022 5:14 PM EDT)

Wolfe Research analyst Gal Munda initiates coverage on Aspen Technology (NASDAQ: AZPN) with a Peerperform rating.

The analyst comments "We were extremely positive on AspenTech following the EMR deal announcement. Investors were able to buy at ~5% FCF yield. We believe that the valuation gap stemming from the deal dynamics has now closed and wait for synergies to see further upside."

For an analyst ratings summary and ratings history on Aspen Technology click here. For more ratings news on Aspen Technology click here.

Shares of Aspen Technology closed at $218.73 yesterday.

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