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Analyst Rating: Will Pegasystems Inc. (PEGA) Stock Do Better Than the Market?

Thursday, October 14, 2021 12:10 PM | InvestorsObserver Analysts

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Analyst Rating: Will Pegasystems Inc. (PEGA) Stock Do Better Than the Market?

Wall Street is positive on Pegasystems Inc. (PEGA). On average, analysts give PEGA a Strong Buy rating. The average price target is $163.375, which means analysts expect the stock to climb by 25.68% over the next twelve months. That average ranking earns PEGA an Analyst Rating of 72, which is better than 72% of stocks based on data compiled by InvestorsObserver.

Overall Score - 4.9
Wall Street analysts are rating PEGA a Strong Buy today. Find out what this means to you and get the rest of the rankings on PEGA!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Pegasystems Inc. Stock Today?

Pegasystems Inc. (PEGA) stock is trading at $129.99 as of 12:09 PM on Thursday, Oct 14, a rise of $3.94, or 3.13% from the previous closing price of $126.05. The stock has traded between $126.40 and $130.00 so far today. Volume today is light. So far 77,738 shares have traded compared to average volume of 200,703 shares. Click Here to get the full Stock Report for Pegasystems Inc. stock.

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