Wedbush Reaffirms “Outperform” Rating for PTC Inc (NASDAQ:PMTC)

PTC Inc (NASDAQ:PMTC)‘s stock had its “outperform” rating reissued by stock analysts at Wedbush in a note issued to investors on Thursday, October 5th. They currently have a $57.00 target price on the technology company’s stock. Wedbush’s price objective indicates a potential upside of 74.95% from the stock’s previous close.

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About PTC

PTC Inc is a global computer software and services company. The Company offers a portfolio of computer-aided design (CAD) modeling, product lifecycle management (PLM) and service lifecycle management (SLM) solutions for manufacturers to create, operate, and service products. It offers a suite of Internet of Things (IoT) solutions that enables its customers to connect, manage and analyze data, and create applications.

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