Canaccord Genuity Reaffirms Their Buy Rating on PagerDuty (PD)
In a report released today, Kingsley Crane from Canaccord Genuity maintained a Buy rating on PagerDuty, with a price target of $9.00.
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According to TipRanks, Crane is an analyst with an average return of -0.6% and a 42.21% success rate. Crane covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, Elastic, and Rapid7.
In addition to Canaccord Genuity, PagerDuty also received a Buy from TD Cowen’s Andrew Sherman in a report issued today. However, on the same day, TipRanks – xAI reiterated a Hold rating on PagerDuty (NYSE: PD).
Based on PagerDuty’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $124.55 million and a net profit of $159.56 million. In comparison, last year the company earned a revenue of $118.95 million and had a GAAP net loss of $5.92 million
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- PagerDuty price target lowered to $10 from $20 at TD Cowen
- PagerDuty: Usage-Based Transition, Early Growth Reacceleration, and Undervalued AI-Driven Upside Support Buy Rating
- PagerDuty price target lowered to $9 from $19 at Canaccord
- PagerDuty downgraded to Market Perform from Outperform at William Blair
- PagerDuty expands AI ecosystem
