Aspen Technology price target raised to $33 from $27 at Benchmark Co. Benchmark Co. raised its price target for Aspen Technology citing the positive tone of the market for software stocks and its belief the stock can continue to work at current levels. The firm keeps a Buy rating on the name.
Aspen Technology downgraded to Underweight from Neutral at JPMorgan JPMorgan downgraded Aspen Technology to Underweight saying it believes demand is being negatively impacted with oil prices below $50. The firm cut its price target for shares to $36 from $46.50.