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StockNews.com downgrades PTC's stock rating to "hold" after earnings missed expectations.
StockNews.com has downgraded PTC's stock rating from "buy" to "hold."
The company's earnings for the last quarter fell short of expectations, missing by $0.12 per share.
PTC, a software company providing solutions for product development, IoT, and field service management, currently has a market cap of $19.25 billion and a price-to-earnings ratio of 49.39.
Analysts expect earnings of $4.46 per share for the year.
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StockNews.com rebaja la calificación de acciones de PTC a "mantener" después de que las ganancias se pierdan expectativas.