Oppenheimer Reiterates Outperform on Progress Software, Maintains $66 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ittai Kidron has reiterated an Outperform rating on Progress Software (NASDAQ:PRGS), maintaining a $66 price target.
September 27, 2023 | 12:30 pm
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Oppenheimer analyst Ittai Kidron has reiterated an Outperform rating on Progress Software, maintaining a $66 price target.
The reiteration of an Outperform rating by a reputable analyst like Ittai Kidron from Oppenheimer is a positive signal for Progress Software. The maintained price target of $66 also indicates a positive outlook for the stock. This could potentially lead to an increase in investor confidence and a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100