Latest news with #WilliamJellison
Yahoo
23-06-2025
- Business
- Yahoo
Pegasystems (PEGA) Stock in Focus After Analyst Backs $700M Free Cash Flow Target
Pegasystems Inc. (NASDAQ:PEGA) is one of the 10 AI Stocks in the Spotlight. On June 20, DA Davidson analyst William A. Jellison raised the price target on the stock to $50.00 (from $47.50) while maintaining a 'Neutral' rating on the shares. In a research note, the analyst told investors that it is confident in Pega's recently announced $700M free cash flow goal for 2028 and believes the required performance from Pega Cloud is ambitious and achievable, which it views 'favorably.' A computer engineer seated in front of several connected consoles, illustrating the depth of cloud services offered by the company. Pegasystems Inc. (NASDAQ:PEGA) develops, markets, licenses, hosts, and supports enterprise software. While we acknowledge the potential of PEGA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.
Yahoo
21-06-2025
- Business
- Yahoo
Pegasystems price target raised to $50 from $47.50 at DA Davidson
DA Davidson analyst William Jellison raised the firm's price target on Pegasystems (PEGA) to a split-adjusted $50 from $47.50 and keeps a Neutral rating on the shares. The firm cites the company's recently-announced $700M free cash flow goal for 2028 and believes the required performance from Pega Cloud is both ambitious and achievable, which it views 'favorably', the analyst tells investors in a research note. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on PEGA: Disclaimer & DisclosureReport an Issue Pegasystems CEO sells $3.18M in common stock Pegasystems Confirms Two-for-One Stock Split Pegasystems shareholders approve two-for-one stock split Pegasystems price target raised to $131 from $116 at Citi Pegasystems price target raised to $112 from $101 at Rosenblatt Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
