Mizuho Downgrades Procore Technologies to Neutral, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Matthew Brooks has downgraded Procore Technologies (NYSE:PCOR) from Buy to Neutral and lowered the price target from $75 to $70.
June 04, 2024 | 11:57 am
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Mizuho analyst Matthew Brooks downgraded Procore Technologies from Buy to Neutral and reduced the price target from $75 to $70.
The downgrade from Buy to Neutral and the reduction in the price target from $75 to $70 by Mizuho is likely to negatively impact Procore Technologies' stock price in the short term as it reflects a less optimistic outlook from a reputable analyst.
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