PagerDuty: Growth Outlook Has Gotten Murkier (Rating Downgrade)

Core Viewpoint - The article expresses a positive outlook on PagerDuty (NYSE: PD) due to its strategic shift towards targeting enterprise customers and the anticipated increase in demand resulting from the Federal Reserve's rate cuts [1]. Company Focus - PagerDuty is shifting its focus to enterprise customers, which is expected to enhance its market position and growth potential [1]. Investment Strategy - The investment approach highlighted in the article combines value investing principles with a focus on long-term growth, emphasizing the importance of acquiring quality companies at a discount to their intrinsic value [1].