PagerDuty price target lowered to $17 from $18 at TD Cowen

From Yahoo Finance: 2025-05-31 08:46:00

TD Cowen analyst Derrick Wood lowered PagerDuty’s price target to $17 from $18, citing weaker ARR/bookings and a lowered FY26 guide of 5-7%. Enterprise downgrades and SMB churn impacted gross retention. Revenues were at the high end of the guide, but management sees these issues as anomalies. Wood maintains a Hold rating.



Read more at Yahoo Finance: PagerDuty price target lowered to $17 from $18 at TD Cowen