By: Benzinga
UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on Parametric Technology
In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Parametric Technology (NASDAQ: PMTC ), and slightly raised its price target from $24.00 to $25.00. Jefferies noted, “We view the model set-up for F1Q13 as decent, but our indirect field work suggests demand trends were mixed again.
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