JP Morgan Maintains Overweight on Procore Technologies, Lowers Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Douglas Bruehl has maintained an Overweight rating on Procore Technologies (NYSE:PCOR) but lowered the price target from $85 to $76.

November 02, 2023 | 9:53 pm
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Procore Technologies' price target has been lowered from $85 to $76 by JP Morgan, though the Overweight rating is maintained.
The news is directly about Procore Technologies and is likely to impact its stock. While the Overweight rating indicates that JP Morgan still sees the stock as a good investment, the lowering of the price target may cause some investors to reassess their positions, potentially leading to short-term volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100