35 Trending AI Stocks on Latest News and Analyst Ratings

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29. Aspen Technology, Inc. (NASDAQ:AZPN)

Number of Hedge Fund Holders: 24  

Aspen Technology, Inc. (NASDAQ:AZPN)  provides industrial software that focuses on helping customers in asset-intensive industries worldwide. The firm focuses heavily on integrating AI to help customers in industries such as energy, chemicals, and manufacturing improve efficiency, enhance sustainability, and reduce operational risks. Baird analyst Rob Oliver recently maintained an Outperform rating on the stock with a price target of $250. In an investor note, the analyst noted that the management of the firm had introduced a long-term operating model of double-digit ACV growth along with 45-47% ACV margin. According to the analyst, Aspen had come a long way from the early days of E&P-only exposure, and after a challenging EMR integration, the company was poised to break through to new markets, new growth.

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