Why Pegasystems Stock Skyrocketed This Week
(NASDAQ: PEGA) stock managed to close out this past week's trading. The company's share price roared 24.2% higher compared to where it stood at the end of the previous week's market close.
Pegasystems valuation bounded higher after the company published better-than-expected quarterly results and outlined artificial intelligence (AI) growth initiatives. The stock also got a boost from a bullish backdrop for the broader market, with the S 500 climbing 1.9% over the stretch and the Nasdaq Composite surging 2.3% over the past week.
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Source Fool.com
Pegasystems Stock
€57.00
0.000%
The stock is an absolute favorite of our community with 33 Buy predictions and no Sell predictions.
With a target price of 82 € there is a positive potential of 43.86% for Pegasystems compared to the current price of 57.0 €.
