Rosenblatt Raises Pegasystems Price Target to $61, Maintains 'Buy' Rating

Rosenblatt Securities analyst Blair Abernethy has increased Pegasystems' (PEGA) price target from $59 to $61, a 3.39% rise, while maintaining a "Buy" rating. The average one-year target price for PEGA is $62.30, with a high estimate of $78 and a low of $40.19, indicating a 7.39% upside from the current price. The estimated GF Value for PEGA in one year is $29.98, suggesting a 48.32% downside.