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The firm cited the PMTC's exposure to recovering industries, benefits from the MKS acquisition, and large deal momentum.
Price target is raised to $28 from $25.
Shares of Parametric Technology (PMTC) are up 5.54% to $24 in pre-market trading after the company is reportedly upgraded to Buy from Hold at Jefferies.
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Sierra Bancorp (NASDAQ:BSRR) is one of today's notable stocks in decline, down 1.6% to ...
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One of today's stocks on the move is Turkcell Iletisim Hizmet (NYSE:TKC), up 1.6% to $1 ...
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QLT (NASDAQ:QLTI) is one of today's notable stocks on the rise, up 1.6% to $8.42. The ...
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One of today's notable stocks in decline is Cloud Peak Energy (NYSE:CLD), down 1.6% to ...
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One of today's stocks on the move is Diageo (NYSE:DEO), up 1.6% to $119.76. The Dow is ...
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Life Time Fitness (NYSE:LTM) is one of today's notable stocks in decline, down 1.6% to ...
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Universal Health Services (NYSE:UHS) is a company whose shares are active, trading 1.6% ...
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EMC Insurance Group (NASDAQ:EMCI), a company whose shares are moving quickly, is tradin ...
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
