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PTC Stock Rating Update: Mizuho Lowers Price Target to $160 | PT
Mizuho analyst Siti Panigrahi has lowered the price target for PTC Inc. (PTC) to $160 from $180, while maintaining a “Neutral” rating. This adjustment reflects an 11.11% decrease and follows a trend of several analysts reducing price targets for the software company. Despite these reductions, the average price target from 19 analysts still suggests a potential upside of 28.54% from the current price, with GuruFocus estimating a fair value upside of 42.05%.