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Bearish setup: downgrade suggests negative re-rating; price sits above the target, implying potential downside toward $25.
What happened, with direct paths to the underlying reporting
Loop Capital Markets downgrades Pegasystems (PEGA) to Hold from Buy; target price lowered to $25 while current price is $25.99.
Target: $25
Posted price: $25.99
Analyst firm: Loop Capital Markets
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