Expert Outlook: Progress Software Through The Eyes Of 5 Analysts
Portfolio Pulse from Benzinga Insights
In the last three months, 5 analysts have provided ratings for Progress Software (NASDAQ:PRGS), ranging from bullish to indifferent. The average 12-month price target is $63.6, with a high of $68.00 and a low of $55.00. Recent ratings include one raise, three maintains, and one lower. Financial metrics show challenges in revenue growth, ROE, and ROA, but strong net margins.
July 18, 2024 | 2:01 pm
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Progress Software (NASDAQ:PRGS) has received mixed ratings from 5 analysts over the past three months, with an average price target of $63.6. Financial metrics indicate challenges in revenue growth, ROE, and ROA, but strong net margins.
The mixed analyst ratings and slight decline in the average price target suggest a neutral short-term impact on PRGS. Financial metrics show both strengths and weaknesses, contributing to a balanced outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100