Pegasystems Inc (NASDAQ: PEGA) stock enjoyed a major increase of 12.8% on 7/25/24. The shares closed at $68.93. Moreover, this advance was accompanied by exceptionally high trading volume at 370% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 14.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PEGA is expected to continue to be a major Value Builder.
Pegasystems has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Pegasystems has a poor Appreciation Score of 16 but a good Power Rating of 82, producing the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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