PagerDuty's growth outlook has decreased, stock rating downgraded

PagerDuty's growth outlook has become less certain, leading to a downgrade in its rating. Previously, analysts were optimistic about the company's shift toward focusing on enterprise customers. They believed that interest rate cuts by the Federal Reserve could boost demand for their services. However, recent developments have prompted concerns. The company may face challenges in maintaining strong growth due to market conditions and competition. Analysts are now cautioning investors about the risks of investing in PagerDuty. No one involved in the analysis holds any shares in PagerDuty or plans to buy any soon. The analysis is based solely on the author's views and is not investment advice.