Analyst predicts Pegasystems as top tech winner of 2025 with 91% YTD rally

From Stocktwits: 2024-12-31 01:46:26

Wedbush analyst Daniel Ives predicts a promising future for tech stocks under Trump administration, highlighting gains for big tech and Tesla. Pegasystems ($PEGA) sees above-market returns with a stellar 91% YTD rally, thanks to AI technology. The company is expected to continue outperforming in the tech sector. Ives also forecasts a 25% increase for tech stocks in 2025, despite potential headwinds like interest rates and China tariffs. Pegasystems is listed as one of the top tech stocks by Ives, with Loop Capital raising its price target to $115. Sentiment toward Pegasystems stock is ‘extremely bullish’ on Stocktwits.



Read more at Stocktwits: Analyst Picks Pegasystems Stock Among Predicted Top 10 Tech Winners Of 2025: Retail Shares The Optimism