Piper Sandler Maintains Overweight on Procore Technologies, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Procore Technologies (NYSE:PCOR) but lowered the price target from $84 to $70.

November 02, 2023 | 8:47 am
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Piper Sandler has maintained an Overweight rating on Procore Technologies but lowered the price target from $84 to $70.
The news is directly about Procore Technologies and is likely to impact its stock price. While the Overweight rating suggests that the analyst believes the stock will outperform its industry in the future, the lowering of the price target may create some negative sentiment among investors, potentially putting downward pressure on the stock price in the short term.
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