Form 10-Q PagerDuty, Inc. For: Jul 31
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William Blair Reiterates Outperform Rating on PagerDuty (PD)
September 4, 2024 6:37 AM EDTWilliam Blair analyst Matt Stotler reiterated an Outperform rating on PagerDuty (NYSE: PD)
The analyst comments "PagerDuty reported mixed second-quarter results as the company delivered a solid beat on the bottom line, but managements weaker-than-expected revenue performance and outlook underwhelmed the Street. In our view, highlights from the quarter included a solid beat on operating income, which came in at $20 million (17% margin) versus consensus estimates for 13% margin, and the companys progress on large, multiyear deals that is starting to give management more... More
PagerDuty (PD) PT Lowered to $22 at RBC Capital
September 4, 2024 6:25 AM EDTRBC Capital analyst Matthew Hedberg lowered the price target on PagerDuty (NYSE: PD) to $22.00 (from $27.00) while maintaining a Outperform rating.
The analyst comments "PagerDuty delivered mixed results relative to expectations but was highlighted by a 3rd straight qtr of 10% ARR growth. However,... More
