BofA Securities Starts PagerDuty (PD) at Buy, 'Turnaround story'

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BofA sees 34% upside in PagerDuty (PD) as company 'ready to execute'

December 14, 2023 11:54 AM EST

PagerDuty, Inc. (NYSE: PD) shares were initiated with a Buy rating and $30 price target by BofA analysts on Thursday, reflecting a potential 34% upside in the stock.

The investment bank stated the company is a turnaround story and that tough decisions have been made, the company's strategy... More