Oppenheimer Maintains Outperform on Progress Software, Raises Price Target to $66
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Ittai Kidron maintains an Outperform rating on Progress Software (NASDAQ:PRGS) and raises the price target from $63 to $66.
June 30, 2023 | 12:15 pm
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Oppenheimer analyst has maintained an Outperform rating on Progress Software and raised the price target from $63 to $66.
The raised price target by Oppenheimer indicates a positive outlook for Progress Software. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100