PROS shares are trading lower after the company reported Q2 financial results. Also, Oppenheimer and Stifel lowered their respective price targets on the stock.
Portfolio Pulse from Benzinga Newsdesk
PROS shares are trading lower following the release of their Q2 financial results. Additionally, Oppenheimer and Stifel have lowered their price targets for the stock.
July 31, 2024 | 4:05 pm
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NEGATIVE IMPACT
PROS shares are experiencing a decline after the company reported its Q2 financial results. The negative sentiment is further compounded by Oppenheimer and Stifel lowering their price targets for the stock.
The combination of disappointing Q2 financial results and reduced price targets from major analysts like Oppenheimer and Stifel is likely to exert downward pressure on PROS shares in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100