Bentley Systems price target raised to $40 from $35 at Mizuho

Mizuho analyst Matthew Broome raised the firm’s price target on Bentley Systems to $40 from $35 and keeps a Buy rating on the shares. The company reported "generally good" Q3 results and is well positioned to deliver greater penetration within the "vast" global market for constructed infrastructure, Broome tells investors in a research note.