BofA lowered the agency’s value goal on PagerDuty (PD) to $6 from $12 and retains an Underperform ranking on the shares following “blended” fiscal This autumn outcomes. Whereas This autumn outcomes had been above expectations, the agency thinks a softer demand atmosphere going ahead may weigh on sentiment and cites infrastructure software program peer a number of compression, elevated execution dangers, and deteriorating fundamentals for its ranking and decrease goal.
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