Jefferies Maintains Hold on Progress Software, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Brent Thill maintains a Hold rating on Progress Software (NASDAQ:PRGS) and lowers the price target from $60 to $55.
June 26, 2024 | 12:38 pm
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Jefferies analyst Brent Thill maintains a Hold rating on Progress Software and lowers the price target from $60 to $55.
The lowered price target from $60 to $55 by Jefferies suggests a less optimistic outlook for Progress Software, which could negatively impact the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100