Barclays Maintains Overweight Rating for Procore Technologies: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Barclays has maintained its Overweight rating for Procore Technologies (NYSE:PCOR) and increased its price target from $72.00 to $85.00. Procore Technologies is a cloud-based construction management software company that generates revenue through subscriptions for access to its software products.
July 14, 2023 | 5:00 pm
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Barclays has maintained its Overweight rating for Procore Technologies and raised its price target, indicating a positive outlook for the company.
The maintenance of the Overweight rating and the increase in price target by Barclays indicates a positive outlook for Procore Technologies. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100