Barclays analyst Saket Kalia raised the firm’s price target on PTC to $163 from $152 and keeps an Overweight rating on the shares ahead of the Q2 results. The analyst likes the setup on a couple names in smid-cap security, Cyberark Software (CYBR) and Tenable (TENB), and a couple names in vertical software, Procore Technologies (PCOR) and PTC (PTC).
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