BMO Capital Maintains Outperform on Procore Technologies, Lowers Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Daniel Jester has maintained an 'Outperform' rating on Procore Technologies (NYSE:PCOR) but lowered the price target from $80 to $76.

November 02, 2023 | 7:09 pm
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Procore Technologies' price target has been lowered from $80 to $76 by BMO Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by BMO Capital could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100