Berenberg Initiates Ansys With Hold

Analysts at Berenberg initiated coverage on Ansys, Inc. ANSS with a Hold rating. The target price for Ansys is set to $88. Ansys shares have gained 16.49% over the past 52 weeks, while the S&P 500 index has surged 11.20% in the same period. Ansys' shares declined 0.24% to close at $88.66 yesterday.