ANSYS Share Price Target Increased to $71.00 by Analysts at Longbow Research ...
21.05.12
ANSYS Share Price Target Increased to $71.00 by Analysts at Longbow Research (ANSS)
Investment analysts at Longbow Research boosted their price target on shares of ANSYS (NASDAQ: ANSS) from $67.00 to $71.00 in a note issued to investors on Friday. They currently have a “buy” rating on the company’s shares.
Separately, analysts at Zacks Investment Research downgraded shares of ANSYS from an “outperform” rating to a “neutral” rating in a research note to investors on Saturday, January 21st.
ANSYS, Inc. (ANSYS) develops and markets engineering simulation software and technologies widely used by engineers and designers across a spectrum of industries, including aerospace, automotive, manufacturing, electronics, biomedical, energy and defense. The Company focuses on the development of open and flexible solutions that enable users to analyze designs directly on the desktop, providing a common platform for product development, from design concept to final-stage testing and validation. The Company distributes its ANSYS suite of simulation technologies through a global network of resellers and distributors (collectively, channel partners) and direct sales offices in global locations. The Company’s product portfolio consists of ANSYS Workbench, Multiphysics, Structural Mechanics, Fluid Dynamics, Explicit Dynamics, Electromagnetics, System and Circuit Simulation, Simulation Process & Data Management, Academic, High-Performance Computing and Geometry Interfaces.
Source: Web Inquirer