Mizuho Maintains Buy on Procore Technologies, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Matthew Brooks maintains a Buy rating on Procore Technologies (PCOR) but lowers the price target from $80 to $75.

May 02, 2024 | 12:01 pm
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NEUTRAL IMPACT
Mizuho maintains a Buy rating on Procore Technologies but lowers the price target from $80 to $75.
The adjustment in price target by Mizuho reflects a nuanced view on Procore Technologies' valuation, suggesting a positive outlook albeit with a slightly reduced growth expectation. This could lead to a neutral short-term impact on PCOR's stock price as the market digests the revised target alongside the maintained Buy rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100