Parametric Technology News

Jefferies maintains its Buy rating on Parametric Technology and increases its price target by $1 to $31 as the latest company 10-Q reveals acquisition contribution to special segments.

Investment analysts at RBC Capital boosted their price target on shares of Parametric from $28.00 to $30.00 in a note issued to investors on Wednesday.

PTC today announced that Mitsubishi Aircraft Corporation has selected PTC as its strategic partner for developing a reliability and maintainability management platform for its Mitsubishi Regional Jet next-generation aircraft program.

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Parametric was upgraded by Zacks Investment Research from a "neutral" rating to an "outperform" rating in a research note issued to investors on Wednesday.

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Research analysts at Longbow Research upped their price target on shares of Parametric from $23.00 to $31.00 in a report issued on Friday.

Investment analysts at Brigantine boosted their price target on shares of Parametric from $25.00 to $27.00 in a note issued to investors on Thursday.

Good morning, ladies and gentlemen and welcome to PTC's First Quarter Fiscal Year 2012 Results Conference Call.

The 10-second takeaway For the quarter ended Dec. 31 , Parametric Technology beat slightly on revenues and beat expectations on earnings per share.

The company will unveil its latest earnings on Wednesday, Jan. 25. Parametric Technology develops, markets, and supports product development software solutions and related services that help companies design products, manage product information, and improve their product development processes.

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