PowerSchool price target raised to $25 from $23 at Raymond James

Raymond James analyst Brian Peterson raised the firm’s price target on PowerSchool to $25 from $23 and keeps an Outperform rating on the shares. PowerSchool’s Q2 results were largely above expectations, with true fundamentals better than reported numbers may suggest, the analyst tells investors in a research note. The firm is increasingly confident in the 10% growth profile.