Ansys price target lowered to $290 from $310 at Mizuho

Mizuho lowered the firm’s price target on Ansys to $290 from $310 and keeps a Neutral rating on the shares. The company reported good Q3 execution but new export restrictions relating to China created a $20M impact to revenue, and will continue to be a headwind through 2024, the analyst tells investors in a research note.