What 5 Analyst Ratings Have To Say About Progress Software
Portfolio Pulse from Benzinga Insights
Progress Software (NASDAQ:PRGS) has received 5 analyst ratings in the last quarter, with 4 being somewhat bullish and 1 indifferent. The average 12-month price target for the company is $64.6, an increase of 13.33% over the past month.
September 28, 2023 | 5:00 pm
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Progress Software has received mostly somewhat bullish analyst ratings, which could positively impact its stock price. The increased price target also suggests potential growth.
Analyst ratings can significantly influence investor sentiment and stock prices. The somewhat bullish ratings indicate a positive outlook for Progress Software, which could drive its stock price up. The increased price target also suggests analysts see potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100