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Bentley Systems price target raised to $63 from $60 at Piper Sandler

Piper Sandler analyst Clarke Jeffries raised the firm’s price target on Bentley Systems to $63 from $60 and keeps an Overweight rating on the shares. The firm notes Bentley printed healthy Q1 results, with 11.0% constant currency ARR growth, 11.5% ex-China.

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