PAR Technology Stock Sees Notable Increase Following Upgrade
August 16, 2025 - 02:05
Shares of PAR Technology experienced a notable increase of 3.6% during the morning trading session, following a positive upgrade from BTIG brokerage. The firm elevated its rating on the company’s stock from 'Neutral' to 'Buy' and established a price target of $65. This optimistic outlook is largely attributed to PAR Technology's robust sales pipeline and its success in securing significant enterprise contracts.
Analyst Andrew Harte emphasized that the company is well-positioned for substantial growth, projecting an annual increase exceeding 15% over the next three years. The strong demand for PAR's restaurant technology solutions, combined with its strategic partnerships and innovative offerings, reinforces the confidence in its future performance. Investors are keenly watching these developments, as the company's ability to capitalize on market opportunities could enhance its competitive edge in the restaurant technology sector. As a result, the stock's upward momentum reflects growing optimism among market participants regarding PAR Technology's potential for sustained growth.
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