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Aspen Technology exceeds earnings estimates, sees stock stake changes amid mixed ratings.
Bank of Nova Scotia has increased its holdings in Aspen Technology, Inc., while Clean Energy Transition LLP has reduced its shares.
Aspen Technology, which offers industrial software solutions, surpassed earnings estimates with a 1.88 EPS for the fourth quarter.
Despite a high P/E ratio of 3,304.54, the stock has a "Hold" rating with a consensus price target of $272.00, though Loop Capital recently upgraded it to a "Buy" rating with a target of $315.00.
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Aspen Technology supera las estimaciones de ganancias, ve cambios en las acciones en medio de calificaciones mixtas.