UPDATE: Jefferies Raises PT on ANSYS on Strong 4Q12

In a report published Friday, Jefferies reiterated its Hold rating on ANSYS (NASDAQ: ANSS ), and raised its price target from $65.00 to $75.00. Jefferies noted, “ANSS reported a strong 4Q12, with rev outperformance and lower OPEX driving an EPS beat of $0.05. 1Q13 guide was below Street but looks