Berenberg upgraded Aspen Tech from Hold to Buy and set a new price target of $255.00 from $185.00 previously

Loop Capital upgraded Aspen Tech from Hold to Buy and set a new price target of $213.00 from $180.00 previously

Robert W. Baird upgraded Aspen Tech from Neutral to Outperform and set a new price target of $202.00 from $194.00 previously

KeyBanc Capital Markets downgraded Aspen Tech from Overweight to Sector Weight

Loop Capital downgraded Aspen Tech from Buy to Hold and set a new price target of $170.00 from $240.00 previously

William Blair downgraded Aspen Tech from Outperform to Mkt Perform

Berenberg initiated coverage of Aspen Tech with a rating of Hold and set a new price target of $210.00

Wolfe Research initiated coverage of Aspen Tech with a rating of Peer Perform

Robert W. Baird downgraded Aspen Tech from Outperform to Neutral and set a new price target of $162.00 from $170.00 previously

Loop Capital upgraded Aspen Tech from Hold to Buy and set a new price target of $175.00

Aspen Technology, Inc. (AspenTech) (NASDAQ:AZPN), a global leader in industrial software, today announced that David Baker has been appointed as Senior Vice President, Chief Financial Officer at AspenTech, effective June 3, 2024. Mr. Baker joins AspenTech from Emerson Electric Co. (Emerson), where he spent over 27 years in various financial leadership roles, most recently serving as Vice President, Financial Planning, where he led financial planning and analysis for the entire $17 billion Emerson corporation. In this position, Mr. Baker was crucial in leading Emerson's finance transformation to meet the needs of a newly focused global automation leader. Prior to this role, Mr. Baker serve

Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that David Henshall has been appointed to its Board of Directors. Mr. Henshall most recently served as Chief Executive Officer at Citrix Systems, Inc., a leading multinational provider of cloud computing and virtualization technology, where he held executive roles for nearly twenty years. Mr. Henshall played a key role in accelerating Citrix's cloud transition, modernizing the product portfolio to enable more than 11 million subscribers of the company's SaaS services. Prior to his role as CEO, he served as Chief Operating Officer and Chief Financial Officer at Citrix, overseeing the company's wor

Mark Browning, former CIO of Exelon, to Provide Strategic Guidance to Advance Aspen Technology's Central Role in Enabling the Utility of the Future Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that Mark Browning, a longtime power and utilities industry executive, has joined the company as a strategic advisor. Browning has spent the last two decades in executive positions at Exelon, the largest US utility company, serving more than 10 million customers. Most recently, Browning was Chief Information Officer with overall responsibility for IT across Exelon's family of transmission and distribution utility companies. Decarbonization, electrif

Schwartz brings innovative global marketing expertise to Körber Körber today announced the appointment of Lawrence Schwartz as Chief Marketing Officer (CMO) and Executive Vice President Software of Körber Supply Chain, a global leader in supply chain solutions. Schwartz brings more than 20 years of experience in creating and executing transformational marketing strategies. Schwartz has a demonstrated history of success in scaling programs from the ground up. His extensive experience spans cutting-edge fields from artificial intelligence (AI) and machine learning, to SaaS, data management and sustainability. As a leader in growing high-margin B2B businesses, he has proven his ability to

Strengthened leadership reflects continued focus on innovation Arista Networks (NYSE:ANET), an industry leader in data-driven, client-to-cloud networking for large data center, campus and routing environments, today announced the appointment of Chantelle Breithaupt as the company's CFO effective February 2024. Breithaupt comes to Arista with over 25 years of global financial roles. She will be joining the leadership team, having served as senior vice president and CFO of Aspen Technology (NASDAQ:AZPN). Prior to that she had executive finance roles at Cisco Systems and across four GE businesses. "I am excited to be joining Arista in this time of growth and transformation and look forwa

LITTLETON, Colo., April 6, 2023 /PRNewswire/ -- Spatial Business Systems LLC ("SBS" or the "Company"), a leading provider of intelligent design software to utilities and other critical network infrastructure providers, announced today that Al Eliasen has been appointed President. "I am thrilled to join the SBS team and support the Company through its next phase of growth. I look forward to building on the Company's strong culture and reputation as a leading provider of intelligent design software to the utilities & critical infrastructure market," said Mr. Eliasen. "I look forward to collaborating closely with Dennis and the exceptional team at SBS to further SBS's strong track record of inn

After recently appointing Steve Lucas as CEO, Boomi adds Arlen Shenkman, former Executive Vice President and Chief Financial Officer of Citrix, and Alison Biggan, former President, Corporate Marketing at SAP, to its accomplished executive leadership team Shenkman and Biggan bring more than 25 years of experience driving business transformation and world-class marketing strategies across multinational, public cloud computing and enterprise software technology companies Boomi™, the intelligent connectivity and automation leader, today announced the appointment of former Executive Vice President (EVP) and Chief Financial Officer (CFO) at Citrix Arlen Shenkman as President and CFO, and fo

Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that Robert "Bob" Beauchamp has been appointed to its Board of Directors. Mr. Beauchamp's appointment fills the remaining open seat following AspenTech's completion of its transaction with Emerson (NYSE:EMR) in May. Mr. Beauchamp brings more than 30 years of significant business leadership, industrial technology and M&A experience, most recently serving as Chairman of the Board at BMC Software, a recognized leader in business service management. Mr. Beauchamp joined BMC in 1988 as a sales executive and rapidly rose through the organization by leading key initiatives in research and development, st

X1 welcomes eDiscovery, compliance, and cybersecurity industries leader as its new chief executive officer to further accelerate growth and innovation X1®, the global leader in remote, in-place eDiscovery and compliance software, today announced the appointment of Larry Gill as the company's new chief executive officer. Gill brings over 20 years of in-depth technology and eDiscovery experience to X1 having previously served on its strategic advisory board and driving growth and technology innovation in the eDiscovery, GRC and cybersecurity industries. "Larry is an exceptional leader with a proven track record in both private and public corporations achieving consistent revenue growth year

Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in asset optimization software, has appointed Jill D. Smith to its Board of Directors. Ms. Smith brings more than 20 years of significant international business leadership, most recently serving as President and Chief Operating Officer and director of Allied Minds plc, an intellectual property commercialization company for technology and life sciences. Previously, she served as Chairman, Chief Executive Officer, and President of DigitalGlobe Inc., a global provider of satellite imagery products and services. Ms. Smith has served as President and Chief Executive Officer of eDial, a VoIP collaboration company, and President and Chief Exe

Aspen Technology, Inc. (AspenTech) (NASDAQ:AZPN), a global leader in industrial software, today announced that it will release financial results for its first quarter fiscal year 2025, ended September 30, 2024, after the U.S. financial markets close on Monday, November 4, 2024. AspenTech will host a conference call and webcast presentation on Monday, November 4, 2024, at 4:30 p.m. ET to discuss its financial results, business outlook, and related corporate and financial matters. A live webcast of the call will be available on AspenTech's Investor Relations website, http://ir.aspentech.com/, via its "Webcasts" page. Please use the following registration link to access the call by phone. We

Solution empowers asset-intensive organizations to optimize power generation, storage and load management for power availability, productivity and security Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today introduced the AspenTech Microgrid Management System™ (MMS), a solution for customers with heavy electrical power requirements in refining, chemicals, mining and other asset-intensive industries that manage their own on-site conventional and renewable power generation in orchestration with active load management and energy storage. Based on the company's proven AspenTech OSI monarch™ SCADA platform, the solution empowers customers to maximize operational

Aspen Technology, Inc. ("AspenTech" or the "Company") (NASDAQ:AZPN), a global leader in industrial software, held its 2024 Investor Day today, during which management provided updates on the Company's strategic priorities, business growth drivers, product innovation, and financial outlook. "AspenTech has worked hard to become the trusted partner we are today, helping customers transform their operations to adapt to and capitalize on the opportunities resulting from the global transition to a new energy system while also achieving their sustainability goals," said Antonio Pietri, President and CEO of AspenTech. "As a market leader with a deeply talented team and more than 40 years of experi

Aspen Technology, Inc. ("AspenTech" or the "Company") (NASDAQ:AZPN), a global leader in industrial software, today announced that Antonio Pietri, President and Chief Executive Officer, will present at the Piper Sandler Growth Frontiers Conference in Nashville, TN. The presentation is scheduled for Wednesday, September 11, 2024, at 12:30 p.m. ET (11:30 a.m. CT). The presentation will be webcast live and available for a limited time on the Webcasts and Events section of the Company's Investor Relations website at https://ir.aspentech.com/events-presentations/webcasts-and-events. About AspenTech Aspen Technology, Inc. (NASDAQ:AZPN) is a global software leader helping industries at the fo

Aspen Technology, Inc. ("AspenTech" or the "Company") (NASDAQ:AZPN), a global leader in industrial software, has announced that it will host its 2024 Investor Day on Tuesday, September 17, 2024. The event will start at 1:00 pm ET and is expected to conclude at 5:00 pm ET. The event will include presentations from Antonio Pietri, President and Chief Executive Officer, David Baker, Chief Financial Officer, and other business leaders within AspenTech. Topics will include the Company's strategic priorities, business growth drivers, product innovation, and financial outlook. There will be a Q&A session following the presentations. The event will be webcast and accessible for a limited time o

One of the Largest U.S. Public Utilities Aims to be a Clean Energy Leader with the Help of AspenTech Digital Grid Management Software Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced an expansion of its strategic partnership with Omaha Public Power District (OPPD) to support the utility's goal of net zero carbon production by 2050. AspenTech will provide its Digital Grid Management (DGM) software suite to monitor, intelligently schedule and control distributed energy resources (DERs) on OPPD's grid while maintaining reliability for a population of 885,000 people across 5,000 square miles in the state of Nebraska. OPPD will use AspenTech OSI D

ST. LOUIS, Aug. 7, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its third quarter ended June 30, 2024 and updated its full year outlook for fiscal 2024. Emerson also declared a quarterly cash dividend of $0.525 per share of common stock payable September 10, 2024 to stockholders of record on August 16, 2024. (dollars in millions, except per share) 2023 Q3 2024 Q3 Change Underlying Orders2 3 % Net Sales $3,946 $4,380 11 % Underlying Sales3 3 % Pretax Earnings $822 $455 Margin 20.8 % 10.4 % (1040) bps Adjusted Segment EBITA4 $1,060 $1,189 Margin 26.9 % 27

Aspen Technology, Inc. ("AspenTech" or the "Company") (NASDAQ:AZPN), a global leader in industrial software, today announced financial results for its fourth quarter and fiscal year ended June 30, 2024. "AspenTech's fourth quarter results reflected excellent execution across all areas of our business," commented Antonio Pietri, President and Chief Executive Officer of AspenTech. "The strong performance of our DGM suite in the full year was a great demonstration of the significant growth opportunities in the utilities market and the benefit of our diversified end-market exposure." "In fiscal 2025, we are targeting another year of solid ACV growth, even as we manage through a dynamic macr

Aspen Technology, Inc. (AspenTech) (NASDAQ:AZPN), a global leader in industrial software, today announced that it will release financial results for its fourth quarter and fiscal year 2024, ended June 30, 2024, after the U.S. financial markets close on Tuesday, August 6, 2024. AspenTech will host a conference call and webcast presentation on Tuesday, August 6, 2024, at 4:30 p.m. ET to discuss its financial results, business outlook, and related corporate and financial matters. A live webcast of the call will be available on AspenTech's Investor Relations website, http://ir.aspentech.com/, via its "Webcasts" page. Please use the following registration link to access the call by phone. We e

Unique Partnership with Oregon State University Prepares Students to Successfully Enter Workforce and Help Asset-Intensive Industries Innovate Around Net-Zero Initiatives Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced a three-year partnership agreement with Oregon State University (OSU) that expands traditional academic collaborations focused on incorporating process simulation solutions into curricula by adding sustainability software, training and competency development. The partnership aims to help students build industry-ready skills and knowledge to make an accelerated impact on critical sustainability initiatives upon entering the workf

During the last three months, 5 analysts shared their evaluations of Aspen Technology (NASDAQ:AZPN), revealing diverse outlooks from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 1 0 0 Last 30D 0 1 0 0 0 1M Ago 1 1 0 0 0 2M Ago 0 1 1 0 0 3M Ago 0 0 0 0 0 Analysts have set 12-month price targets for Aspen Technology, revealing an average target of $221.0, a high estimate of $255.00, and a low estimate of $180.00. This upward trend is evident, with the current average re

Baird analyst Rob Oliver reiterates Aspen Technology (NASDAQ:AZPN) with a Outperform and maintains $230 price target.

Ratings for Aspen Technology (NASDAQ:AZPN) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 1 0 0 Last 30D 1 0 0 0 0 1M Ago 0 2 1 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $218.75, a high estimate of $255.00, and a low estimate of $180.00. This current average has increased by

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Baird analyst Luke Junk upgraded Littelfuse, Inc. (NASDAQ:LFUS) from Neutral to Outperform, while raising the price target from $270 to $300. Littelfuse shares fell 1.6% to close at $249.45 on Thursday. See how other analysts view this stock. B of A Securities analyst Craig Siegenthaler upgraded the rating for Robinhood Markets, Inc. (NASDAQ:HOOD) from Underperform to Buy, while increasing the price target from $14 to $24. Robinhood shares slipped 3.4% to settle at $17.90 on Thursday. See how other

Berenberg analyst Nay Soe Naing upgrades Aspen Technology (NASDAQ:AZPN) from Hold to Buy and raises the price target from $185 to $255.

Baird analyst Rob Oliver maintains Aspen Technology (NASDAQ:AZPN) with a Outperform and raises the price target from $210 to $230.

Aspen Technology, Inc. (AspenTech) (NASDAQ:AZPN), a global leader in industrial software, today announced that Robert Whelan, Jr. has been appointed to Chair of AspenTech's Board of Directors (the "Board"). This follows the decision by Jill Smith to resign from the Board for personal reasons.Mr. Whelan became a member of the Board in 2011 and previously served as Board Chair from 2013 to 2021. Throughout his tenure on the Board, Mr. Whelan has helped guide the company into an established industrial software leader, including the strategic transaction with Emerson Electric Co. Mr. Whelan also serves as a member of the Board's Human Capital and M&A committees.

Aspen Technology, Inc. (AspenTech) (NASDAQ:AZPN), a global leader in industrial software, today announced that it will release financial results for its first quarter fiscal year 2025, ended September 30, 2024, after the U.S. financial markets close on Monday, November 4, 2024. AspenTech will host a conference call and webcast presentation on Monday, November 4, 2024, at 4:30 p.m. ET to discuss its financial results, business outlook, and related corporate and financial matters. A live webcast of the call will be available on AspenTech's Investor Relations website, http://ir.aspentech.com/, via its "Webcasts" page. Please use the following registration link to access the call by phone. We

ST. LOUIS, Aug. 7, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its third quarter ended June 30, 2024 and updated its full year outlook for fiscal 2024. Emerson also declared a quarterly cash dividend of $0.525 per share of common stock payable September 10, 2024 to stockholders of record on August 16, 2024. (dollars in millions, except per share) 2023 Q3 2024 Q3 Change Underlying Orders2 3 % Net Sales $3,946 $4,380 11 % Underlying Sales3 3 % Pretax Earnings $822 $455 Margin 20.8 % 10.4 % (1040) bps Adjusted Segment EBITA4 $1,060 $1,189 Margin 26.9 % 27

Aspen Technology, Inc. ("AspenTech" or the "Company") (NASDAQ:AZPN), a global leader in industrial software, today announced financial results for its fourth quarter and fiscal year ended June 30, 2024. "AspenTech's fourth quarter results reflected excellent execution across all areas of our business," commented Antonio Pietri, President and Chief Executive Officer of AspenTech. "The strong performance of our DGM suite in the full year was a great demonstration of the significant growth opportunities in the utilities market and the benefit of our diversified end-market exposure." "In fiscal 2025, we are targeting another year of solid ACV growth, even as we manage through a dynamic macr

Aspen Technology, Inc. (AspenTech) (NASDAQ:AZPN), a global leader in industrial software, today announced that it will release financial results for its fourth quarter and fiscal year 2024, ended June 30, 2024, after the U.S. financial markets close on Tuesday, August 6, 2024. AspenTech will host a conference call and webcast presentation on Tuesday, August 6, 2024, at 4:30 p.m. ET to discuss its financial results, business outlook, and related corporate and financial matters. A live webcast of the call will be available on AspenTech's Investor Relations website, http://ir.aspentech.com/, via its "Webcasts" page. Please use the following registration link to access the call by phone. We e

ST. LOUIS, May 8, 2024 /PRNewswire/ -- Emerson (NYSE:EMR) today reported results1 for its second quarter ended March 31, 2024 and updated its full year outlook for fiscal 2024. Emerson also declared a quarterly cash dividend of $0.525 per share of common stock payable June 10, 2024 to stockholders of record on May 17, 2024. (dollars in millions, except per share) 2023 Q2 2024 Q2 Change Underlying Orders2 (1) % Net Sales $3,756 $4,376 17 % Underlying Sales3 8 % Pretax Earnings $639 $652 Margin 17.0 % 14.9 % (210) bps Adjusted Segment EBITA4 $924 $1,139 Margin 24.6 % 26.0 % 140

Aspen Technology, Inc. (AspenTech) (NASDAQ:AZPN), a global leader in industrial software, today announced financial results for its third quarter in fiscal 2024, ended March 31, 2024. Antonio Pietri, President and Chief Executive Officer of AspenTech, commented, "Our third quarter performance and updated outlook for fiscal 2024 reflects the more cautious customer buying behavior we experienced at the start of the new calendar year. While this dynamic is expected to weigh on ACV growth in the near-term, the continued health and expansion of our pipeline gives us confidence in the underlying growth opportunity for AspenTech." "AspenTech remains well positioned to support customers in thei

Aspen Technology, Inc. (AspenTech) (NASDAQ:AZPN), a global leader in industrial software, today announced that it will release financial results for its third quarter fiscal year 2024, ended March 31, 2024, after the U.S. financial markets close on Tuesday, May 7, 2024. AspenTech will host a conference call and webcast presentation on Tuesday, May 7, 2024, at 4:30 p.m. ET to discuss its financial results, business outlook, and related corporate and financial matters. A live webcast of the call will be available on AspenTech's Investor Relations website, http://ir.aspentech.com/, via its "Webcasts" page. Please use the following registration link to access the call by phone. We encourage p

ST. LOUIS, Feb. 7, 2024 /PRNewswire/ -- Emerson (NYSE:EMR) today reported results1 for its first quarter ended December 31, 2023 and updated its full year outlook for fiscal 2024. Emerson also declared a quarterly cash dividend of $0.525 per share of common stock payable March 11, 2024 to stockholders of record on February 16, 2024. (dollars in millions, except per share) 2023 Q1 2024 Q1 Change Underlying Orders2 4 % Net Sales $3,373 $4,117 22 % Underlying Sales3 10 % Pretax Earnings $422 $139 Margin 12.5 % 3.4 % (910) bps Adjusted Segment EBITA4 $765 $1,014 Margin 22.7 % 24.6

Aspen Technology, Inc. (AspenTech) (NASDAQ:AZPN), a global leader in industrial software, today announced financial results for its second quarter in fiscal 2024, ended December 31, 2023. "AspenTech had a solid second quarter with strong demand for our products and solutions," commented Antonio Pietri, President and Chief Executive Officer of AspenTech. "We continue to see numerous growth opportunities in asset-intensive industries as they navigate the energy transition and focus on efficiencies and sustainability use cases. In particular, with DGM, we are uniquely positioned to capitalize on the unprecedented investment cycle to expand and upgrade the grid globally." "We continue to se

Aspen Technology, Inc. (AspenTech) (NASDAQ:AZPN), a global leader in industrial software, today announced that it will release financial results for its second quarter fiscal year 2024, ended December 31, 2023, after the U.S. financial markets close on Tuesday, February 6, 2024. AspenTech will host a conference call and webcast presentation on Tuesday, February 6, 2024, at 4:30 p.m. ET to discuss its financial results, business outlook, and related corporate and financial matters. A live webcast of the call will be available on AspenTech's Investor Relations website, http://ir.aspentech.com/, via its "Webcasts" page. Please use the following registration link to access the call by phone.