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Stock impact report

Rosenblatt Lowers its Price Target on PTC Inc. (PTC) to $190 from $220 [Yahoo! Finance]

PTC Inc. (PTC) 
Last ptc inc. earnings: 4/29 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.ptc.com
Company Research Source: Yahoo! Finance
PTC Inc. (NASDAQ:PTC) to $190 from $220 and maintained a Buy rating following the company's completed sale of its Kepware and ThingWorx businesses to TPG. The firm said the adjustment reflects updated estimates for FY26–27 after the divestitures. On March 17, 2026, Barclays reinstated coverage on PTC with an Overweight rating and a $180 price target after the transaction closed. Barclays noted that underlying growth improved by 0.5 points, while free cash flow is expected to face a $70M headwind in fiscal 2027 due to the earlier closing. On March 16, 2026, PTC updated its FY25 outlook, excluding Kepware and ThingWorx, guiding adjusted EPS to $6.36–$8.84 versus prior guidance of $6.69–$9.15 and consensus of $8.12. The company also expects revenue of $2.540B–$2.805B, compared with prior guidance of $2.675B–$2.940B and consensus of $2.83B. Rosenblatt Lowers its Price Target on PTC Inc. (PTC) to $190 from $220 On March 16, 2026, PTC confirmed it completed the sale of Kepware and Thi Show less Read more
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