Wedbush Maintains Outperform on Progress Software, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives maintains an Outperform rating on Progress Software (NASDAQ:PRGS) and raises the price target from $65 to $67.
February 23, 2024 | 1:36 pm
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Wedbush analyst Daniel Ives has maintained an Outperform rating on Progress Software and increased the price target from $65 to $67.
The upgrade in the price target by a reputable analyst like Daniel Ives suggests a positive outlook on the company's future performance. This is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100