UPDATE: Pacific Crest Securities Raises PT On Aspen Technology Following FQ4 Revenue Report

In a report published Friday, Pacific Crest Securities analyst Brendan Barnicle reiterated an Outperform rating on Aspen Technology (NASDAQ: AZPN ), and raised the price target from $35.00 to $40.00. In the report, Pacific Crest Securities noted, “AspenTech posted FQ4 (June) revenue of $83.3 million, which was better than the