PTC Inc (NASDAQ:PMTC)‘s stock had its “outperform” rating reissued by equities research analysts at Wedbush in a report issued on Thursday. They presently have a $64.00 target price on the technology company’s stock, up from their previous target price of $62.00. Wedbush’s price objective points to a potential upside of 96.44% from the company’s current price.

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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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