Why Pegasystems Stock Is Climbing Fast Today
Shares of (NASDAQ: PEGA), a provider of an enterprise workflow automation platform, spiked this morning after the company released better-than-expected results for its third quarter. Sales and earnings beat Wall Street's consensus estimates, and Pegasystems highlighted growth from its cloud-based services and its momentum in artificial intelligence (AI).
Investors were clearly happy with the results, sending the stock up by as much as 17%. The company's shares were up by 10.4% as of 11:56 a.m. ET.
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Source Fool.com
Pegasystems Stock
€57.00
0.000%
The stock is an absolute favorite of our community with 35 Buy predictions and no Sell predictions.
With a target price of 87 € there is a hugely positive potential of 52.63% for Pegasystems compared to the current price of 57.0 €.
