JP Morgan Maintains Overweight on Procore Technologies, Raises Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Alexei Gogolev maintains an Overweight rating on Procore Technologies (PCOR) and raises the price target from $83 to $86.

May 02, 2024 | 3:56 pm
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JP Morgan analyst Alexei Gogolev maintains an Overweight rating on Procore Technologies and raises the price target from $83 to $86.
The increase in price target by a reputable analyst like Alexei Gogolev from JP Morgan is a strong positive signal for Procore Technologies. It suggests a bullish outlook on the company's future performance and potential for stock price appreciation. This adjustment reflects confidence in the company's growth prospects and operational efficiency, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100