Pegasystems (PEGA) Tops Q1 EPS by 16c, Beat on Revenues
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Pegasystems (PEGA) PT Raised to $60 at Wedbush; Reiterates Outperform
May 11, 2017 8:05 AM EDTWedbush raised its price target on Pegasystems (NASDAQ: PEGA) to $60.00 (from $50.00) while maintaining a Outperform rating. PEGA reported 1Q revenue of $223M, above estimates of $200M. The beat was mostly driven by license outperformance, which stemmed from a $7M license deal originally... More
