5 Stocks to Watch on Thursday

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In this article, we take a look at five stocks that are trending today. If you want to take a look at some more stocks that are on our watchlist and the latest market situation, go to 10 Stocks to Watch on Thursday.

5. PTC Inc. (NASDAQ:PTC) is 16.38% in the green as of 12:14 PM ET after the Boston, Massachusetts-based software company received a Buy rating from Matthew Broome at Mizuho. The analyst termed PTC Inc.’s (NASDAQ:PTC) Q2 2022 results as “good” and increased the target price from $125 to $135. Broome anticipates PTC Inc.’s (NASDAQ:PTC) core products to continue to drive strong overall performance, particularly as the firm is evolving as a software-as-a-service (SaaS) operating model.

Out of the 924 hedge funds tracked by Insider Monkey, PTC Inc. (NASDAQ:PTC) was held by 31 hedge funds as of Q4 2021.

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