Altair Announces Fourth Quarter and Full Year 2018 Financial Results

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Altair Engineering (ALTR) PT Raised to $40 at Needham & Company

March 1, 2019 8:43 AM EST

Needham & Company analyst Richard Valera raised the price target on Altair Engineering (NASDAQ: ALTR) to $40.00 (from $38.00) while maintaining a Buy rating following the company's 4Q. Total revenue of $103MM, beat the $98.7MM consensus. Adjusted EBITDA of $12.9MM also exceeded consensus of $11.9MM and NG... More