Stifel Maintains Buy on Procore Technologies, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tom Roderick maintains a Buy rating on Procore Technologies (NYSE:PCOR) but lowers the price target from $90 to $85.

July 08, 2024 | 11:14 am
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NEUTRAL IMPACT
Stifel analyst Tom Roderick maintains a Buy rating on Procore Technologies but lowers the price target from $90 to $85.
The Buy rating suggests continued confidence in Procore Technologies' long-term prospects. However, the lowered price target indicates some caution, possibly due to market conditions or company-specific factors. The overall impact on the stock price is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100