PTC (PTC) Tops Q1 EPS by 13c, Revenues Beat; Offers FY20 EPS/Revenue Mid-Point Guidance Above Consensus

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Go back to PTC (PTC) Tops Q1 EPS by 13c, Revenues Beat; Offers FY20 EPS/Revenue Mid-Point Guidance Above Consensus

PTC Inc. (PTC) PT Raised to $95 at Mizuho Securities

January 23, 2020 7:52 AM EST

Mizuho Securities analyst Matthew Broome raised the price target on PTC Inc. (NASDAQ: PTC) to $95.00 (from $80.00) while maintaining a Buy rating.

The analyst commented, "PTC reported a very positive start to FY20 with upside to ARR, revenue, and EPS, and management... More