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A Quick Look at Today's Ratings for Altair Engineering(ALTR.US), With a Forecast Between $113 to $113

Moomoo News ·  Oct 31 09:00  · Ratings

On Oct 31, major Wall Street analysts update their ratings for $Altair Engineering (ALTR.US)$, with price targets ranging from $113 to $113.

Loop Capital analyst Mark Schappel downgrades to a hold rating, and adjusts the target price from $100 to $113.

Needham analyst Charles Shi downgrades to a hold rating.

RBC Capital analyst Matthew Hedberg maintains with a hold rating, and adjusts the target price from $90 to $113.

William Blair analyst Dylan Becker maintains with a hold rating.

Furthermore, according to the comprehensive report, the opinions of $Altair Engineering (ALTR.US)$'s main analysts recently are as follows:

  • Following Altair's announcement of a definitive agreement for acquisition by Siemens at a value of $10.6B or $113 per share in cash, an analyst noted the company's share valuation adjustment while maintaining a neutral outlook.

Here are the latest investment ratings and price targets for $Altair Engineering (ALTR.US)$ from 4 analysts:

StockTodayLatestRating_mm_74985834226491_20241031_en

Note:

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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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