Benchmark said this week's IPO of Exa (EXA), an ANSYS (ANSS) competitor, will increase focus on the group and validate its positive view on the engineering simulation software sector. The firm sees a short-term trading opportunity in ANSYS and potential upside of 5%. ANSYS is Buy rated with a $73 price target.
America has no tolerance for wealthy people griping about their financial woes. But they have concerns too.