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

Wedbush restated their neutral rating on shares of PTC (NASDAQ:PMTC) in a research report released on Thursday, RTT News reports. Wedbush currently has a $100.00 price target on the stock.

About PTC

PTC, Inc engages in the development and provision of software-based product management and development solutions. It operates through the following business segments: Internet of Things (IoT) Group, Solutions Group, and Professional Services. The IoT Group segment comprises of the license, subscription, support and cloud services revenue for IoT, analytics, and augmented reality solutions.

Further Reading: Put Option

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