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
€47.80
-10.650%
With 34 Buy predictions and not a single Sell prediction Pegasystems is an absolute favorite of our community.
As a result the target price of 74 € shows a very positive potential of 54.81% compared to the current price of 47.8 € for Pegasystems.
