Altair Engineering (ALTR) Tops Q3 EPS by 1c

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Altair Engineering (ALTR) PT Lowered to $38 at Needham & Company

November 9, 2018 8:53 AM EST

Needham & Company analyst Richard Valera lowered the price target on Altair Engineering (NASDAQ: ALTR) to $38.00 (from $40.00) while maintaining a Buy rating.

Valera commented, "ALTR delivered mixed results vs. our estimates as FX, as well as a seemingly non-recurring rev rec issue, adversely impacted... More