A statement released earlier today by Evercore ISI about PTC Inc (NASDAQ:PTC) bumps the target price to $50.00
- Updated: September 15, 2016
Showing a price of $43.24, PTC Inc (NASDAQ:PTC) traded 0.30% higher on the day. With the last close up 16.70% from the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time period. PTC Inc has registered a 50-day average of $41.83 and 200-day moving average of $37.05. Trading volume was was down over the average, with 780,099 shares of PTC changing hands under the typical 987,564 shares.
In a statement issued on 9/15/2016 Evercore ISI bumped up the target price of PTC Inc (NASDAQ:PTC) from $0 to $50 stating a possible upsideof 0.16%.
On Wednesday September 14 2016, Evercore ISI released a statement about PTC Inc(NASDAQ:PTC) raised the target price from $0.00 to $50.00 that suggested an upside of 0.16%.
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With a total market value of $0.0, PTC Inc has a one-year low of $27.06 and a 52 week high of $43.96 with a price-earnings ratio of 0.
General Company Details For PTC Inc (NASDAQ:PTC)
PTC Inc. develops and delivers technology solutions, which consists of software and services that transform the way the customers create, operate and service their products. The Company has two segments: Software Products and Services. Its Software Products segment includes license and related support revenue (including updates and technical support) for all of its products except training-related products. Its Services segment includes consulting, implementation, training, cloud services, computer-based training products, including support on these products, and other services. Its solutions and software products serve the following areas: computer-aided design (CAD), product lifecycle management (PLM), application lifecycle management (ALM), and service lifecycle management (SLM) and Internet of things (IoT). It is organized into two business units: the Solutions Group and the Technology Platform Group.
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