PagerDuty Stock Upgraded: What You Need to Know
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
PagerDuty's (NYSE: PD) IPO was a spectacular affair.
After surging 60% on their very first day of trading, shares of the automated alert software maker proceeded to climb another 28% through its quiet period, then tack on another 16% in the months after Wall Street analysts were permitted to begin talking about it publicly.
Source Fool.com
