JP Morgan Downgrades Pegasystems to Neutral, Lowers Price Target to $47

Benzinga Newsdesk www.benzinga.com Negative 90.3%

Neg 90.3% Neu 0% Pos 0%

JP Morgan analyst Alexei Gogolev downgrades Pegasystems (NASDAQ:PEGA) from Overweight to Neutral and lowers the price target from $54 to $47.