Citigroup Maintains Neutral on PTC, Lowers Price Target to $146

Benzinga14:00 ET · Ratings

Citi Maintains PTC Inc(PTC.US) With Hold Rating, Cuts Target Price to $146

Moomoo NewsApr 29 07:34 ET · Ratings

Morgan Stanley: Drawing on the experience of the auto market, repairing robots may be more profitable than manufacturing robots in the future.

Morgan Stanley predicts that the scale of global new robot sales will reach 25 trillion US dollars by 2050, but the true value lies in the downstream ecosystem. Drawing on the model of American automobile dealerships, where new car sales account for 50% of revenue but only 20% of gross profit, downstream profits from parts, services, financing, and insurance are four times those of new cars. Based on this, the total revenue scale of the robot economy, including after-sales services, could potentially expand by two to three times.

wallstreetcnApr 29 00:21 ET

PTC Launches Windchill AI Assistant to Simplify How Teams Find and Leverage Product Data Across the Enterprise

PTC IncApr 28 00:00 ET

BMO Capital Maintains PTC Inc(PTC.US) With Buy Rating, Cuts Target Price to $170

Moomoo NewsApr 24 08:34 ET · Ratings

Shares of Companies in the Broader Software Sector Are Trading Lower Amid a Pullback in Sentiment After Q1 Financial Results and Outlook Comments From Industry Peers IBM and ServiceNow.

BenzingaApr 23 14:46 ET