Aspen Technology, Inc. (AZPN) Positioned for New Growth as Baird Reaffirms Outperform Rating with $250 Target, Citing AI Integration and Strong ACV Margins
The surge in AI investments has led to a focus on cloud-based AI, with companies spending billions on data centers and infrastructure. A new trend in edge AI is emerging, running AI algorithms on personal devices for real-time responses and enhanced privacy.