Investment Strategy Analyst Ross Mayfield of Baird provides insights into the implications of the Federal Reserve’s recent decision on the financial markets. He highlights key factors investors should consider in navigating the evolving landscape.
Results for: Baird
PTC, a Boston-based software company, has received positive reinforcement from investment firm Baird. Following feedback from nine partners, Baird has maintained its Outperform rating for PTC, citing a favorable performance against reseller plans. However, the firm remains cautious about potential concerns investors may have regarding ARR performance in the second half of 2024. Despite these concerns, Baird analysts believe that PTC’s reasonable valuation and expected growth in the second half of 2024 could provide investment opportunities.