Baird analyst Joe Vruwink lowered the firm’s price target on Bentley Systems (BSY) to $59 from $60 and keeps an Outperform rating on the shares. The firm updated its model following its Q4 results as they showed consistent performance and 2025 guidance which was largely as expected.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BSY:
- Bentley Systems: Steady Performance Amid Challenges, Hold Rating Reflects Balanced Outlook
- Positive Outlook for Bentley Systems: AI and Infrastructure Investment Drive Buy Rating
- Bentley Systems Reports Strong 2024 Financial Performance
- Bentley Systems: Strong Financial Performance and Promising Outlook Justify Buy Rating
- Morning Movers: TJX and Lowe’s gain following fourth quarter results