Ansys price target raised to $300 from $275 at JPMorgan
The Fly

Ansys price target raised to $300 from $275 at JPMorgan

JPMorgan analyst Stephen Tusa raised the firm’s price target on Ansys to $300 from $275 and keeps an Overweight rating on the shares. The company’s Q4 beat and a Q1 guidance that came in above expectations was one of the cleanest upside prints seen across most of the industrial software names in a choppy earnings season, the analyst tells investors in a research note. The firm thinks the potential for beats and raises in 2023 "is a differentiated catalyst" for Ansys.

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on ANSS:

Related Articles
TheFlyAnsys reports Q2 non-GAAP EPS $2.50, consensus $1.92
Brian AndersonANSS Upcoming Earnings Report: What to Expect?
TheFlyAnsys listed in AWS ‘ICMP’ for U.S. Federal Government
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App