PTC (PTC) Tops Q2 EPS by 38c, Revenues Beat; Raises FY21 EPS/Revenue Outlook

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Go back to PTC (PTC) Tops Q2 EPS by 38c, Revenues Beat; Raises FY21 EPS/Revenue Outlook

PTC Inc. (PTC) PT Raised to $160 at Stifel

April 29, 2021 6:58 AM EDT

Stifel analyst Adam Borg raised the price target on PTC Inc. (NASDAQ: PTC) to $160.00 (from $150.00) while maintaining a Buy rating.

The analyst commented, "PTC delivered a solid F2Q21 print, with in-line ARR and better-than-expected CFFO/FCF given healthy execution and improving... More