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The target hike is directionally supportive, but analyst targets are opinions and do not confirm a change in fundamentals.
What happened, with direct paths to the underlying reporting
RBC Capital raised its PEGA target by $5 to $40, about 11% above the posted price of $36.16.
Target: $40
Posted price: $36.16
Analyst firm: RBC Capital
Analyst: Rishi Jaluria
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