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Altair Engineering Receives Buy Rating with Increased Price Target

Altair Engineering Receives Buy Rating with Increased Price Target
Analyst Bio:

As of August 4, 2023, Altair Engineering (NASDAQ:ALTR) has been given a Buy rating by Rosenblatt analyst Blair Abernethy, who has set a price target of $74 for the stock, an increase from the previous target of $70. Abernethy’s rating is the result of a comprehensive analysis that combines both quantitative and qualitative factors.

At the time of this analysis on November 4, 2022, the consensus among analysts regarding Altair Engineering was a Strong Buy, with an average price target of $62.33. This suggests a potential upside of 30.84% from the current price.

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