William Blair Downgrades PagerDuty After Tepid Q4 and Muted Fiscal 2027 Forecast
William Blair cut its rating on PagerDuty Inc from Outperform to Market Perform following a fourth quarter that fell short of expectations and a fiscal 2027 outlook that calls for roughly flat revenue growth at the midpoint. The brokerage highlighted ongoing pressure from the company’s seat-based pricing model, weakening customer metrics and compet…