Expert Ratings for Procore Technologies
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 15 Wall Street analysts have provided ratings for Procore Technologies (NYSE:PCOR), with an average price target of $73.0, representing an upside from the current price of $58.32. The consensus among these analysts is leaning towards a bullish outlook, with 3 bullish, 10 somewhat bullish, and 2 indifferent ratings. No bearish or somewhat bearish ratings were reported. The current average price target has decreased by 12.15% from the previous target of $83.10.
December 01, 2023 | 1:00 pm
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POSITIVE IMPACT
Analysts have a positive outlook on Procore Technologies with a majority leaning towards bullish ratings and an average price target of $73, suggesting a potential upside from the current price of $58.32.
The positive sentiment from analysts, with a majority of somewhat bullish ratings and no bearish sentiments, suggests confidence in Procore Technologies' future performance. The average price target being significantly higher than the current stock price indicates an expected upside, which could positively influence investor sentiment and potentially drive short-term price movement upwards. However, the decrease in the average price target from the previous value may temper some of the positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100