Raymond James analyst Brian Peterson upgraded PowerSchool to Outperform from Market Perform with a $22 price target. The firm believes shares are uniquely positioned to offer alpha for investors in the current environment, with its more constructive stance stemming from a growth algorithm that is less impacted by cyclical dynamics as well as increased confidence in the company’s ability to cross-sell into the installed base, the analyst tells investors in a research note. Raymond James also notes early progress in key long-term growth vectors including personalized learning and international.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on PWSC:
- PowerSchool management to meet with Piper Sandler
- PowerSchool 8.7M share Spot Secondary priced at $21.00
- PowerSchool announces offering of Class A common stock for holders
- PowerSchool price target raised to $28 from $22 at Piper Sandler
- PowerSchool price target raised to $27 from $21 at Cantor Fitzgerald
