Stock Track | PTC Inc Plummets 5.66% Following Analyst Downgrades and Price Target Cuts

Stock Track

Nov 06

Shares of PTC Inc (PTC) took a sharp dive in pre-market trading on Thursday, plummeting 5.66% following a series of analyst actions that have dampened investor enthusiasm for the stock. The software and services company, known for its computer-aided design and product lifecycle management solutions, faced pressure after multiple firms adjusted their outlook on the company.

BofA Global Research delivered the most significant blow, downgrading PTC Inc from Buy to Neutral. The firm also substantially reduced its price objective for the stock, lowering it from $235 to $208. This downgrade suggests a shift in BofA's perspective on PTC's growth prospects or valuation.

Adding to the negative sentiment, Rosenblatt Securities cut its target price for PTC Inc from $227 to $220. However, it's worth noting that Rosenblatt maintained its Buy rating on the stock, indicating that while they've tempered their price expectations, they still see potential upside for PTC.

The combination of these analyst actions appears to have spooked investors, leading to the significant pre-market sell-off. As the market digests these new assessments, it remains to be seen how PTC Inc will respond and whether the company can regain investor confidence in the near term.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1186270703"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1186270703\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1186270703?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-06 22:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1186270703","market":"hk","top_or_hot":-1,"title":"Stock Track | PTC Inc Plummets 5.66% Following Analyst Downgrades and Price Target Cuts","media":"Stock Track","content":"<p>Shares of PTC Inc (PTC) took a sharp dive in pre-market trading on Thursday, plummeting 5.66% following a series of analyst actions that have dampened investor enthusiasm for the stock. The software and services company, known for its computer-aided design and product lifecycle management solutions, faced pressure after multiple firms adjusted their outlook on the company.</p>\n\n<p>BofA Global Research delivered the most significant blow, downgrading PTC Inc from Buy to Neutral. The firm also substantially reduced its price objective for the stock, lowering it from $235 to $208. This downgrade suggests a shift in BofA's perspective on PTC's growth prospects or valuation.</p>\n\n<p>Adding to the negative sentiment, Rosenblatt Securities cut its target price for PTC Inc from $227 to $220. However, it's worth noting that Rosenblatt maintained its Buy rating on the stock, indicating that while they've tempered their price expectations, they still see potential upside for PTC.</p>\n\n<p>The combination of these analyst actions appears to have spooked investors, leading to the significant pre-market sell-off. As the market digests these new assessments, it remains to be seen how PTC Inc will respond and whether the company can regain investor confidence in the near term.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | PTC Inc Plummets 5.66% Following Analyst Downgrades and Price Target Cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | PTC Inc Plummets 5.66% Following Analyst Downgrades and Price Target Cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-11-06 22:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of PTC Inc (PTC) took a sharp dive in pre-market trading on Thursday, plummeting 5.66% following a series of analyst actions that have dampened investor enthusiasm for the stock. The software and services company, known for its computer-aided design and product lifecycle management solutions, faced pressure after multiple firms adjusted their outlook on the company.</p>\n\n<p>BofA Global Research delivered the most significant blow, downgrading PTC Inc from Buy to Neutral. The firm also substantially reduced its price objective for the stock, lowering it from $235 to $208. This downgrade suggests a shift in BofA's perspective on PTC's growth prospects or valuation.</p>\n\n<p>Adding to the negative sentiment, Rosenblatt Securities cut its target price for PTC Inc from $227 to $220. However, it's worth noting that Rosenblatt maintained its Buy rating on the stock, indicating that while they've tempered their price expectations, they still see potential upside for PTC.</p>\n\n<p>The combination of these analyst actions appears to have spooked investors, leading to the significant pre-market sell-off. As the market digests these new assessments, it remains to be seen how PTC Inc will respond and whether the company can regain investor confidence in the near term.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PTC","symbol_name":"PTC Inc.","start_time":0,"source_url":"","article_id":"1186270703","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1186270703","pubTimestamp":1762440786,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of PTC Inc (PTC) took a sharp dive in pre-market trading on Thursday, plummeting 5.66% following a series of analyst actions that have dampened investor enthusiasm for the stock. The software...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PTC":"PTC Inc."},"translate_title":"个股追踪|分析师下调评级和目标价下调后PTC Inc暴跌5.66%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PTC":1},"content_text":"Shares of PTC Inc (PTC) took a sharp dive in pre-market trading on Thursday, plummeting 5.66% following a series of analyst actions that have dampened investor enthusiasm for the stock. The software and services company, known for its computer-aided design and product lifecycle management solutions, faced pressure after multiple firms adjusted their outlook on the company.\nBofA Global Research delivered the most significant blow, downgrading PTC Inc from Buy to Neutral. The firm also substantially reduced its price objective for the stock, lowering it from $235 to $208. This downgrade suggests a shift in BofA's perspective on PTC's growth prospects or valuation.\nAdding to the negative sentiment, Rosenblatt Securities cut its target price for PTC Inc from $227 to $220. However, it's worth noting that Rosenblatt maintained its Buy rating on the stock, indicating that while they've tempered their price expectations, they still see potential upside for PTC.\nThe combination of these analyst actions appears to have spooked investors, leading to the significant pre-market sell-off. As the market digests these new assessments, it remains to be seen how PTC Inc will respond and whether the company can regain investor confidence in the near term.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}