JP Morgan Maintains Overweight on Procore Technologies, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Alexei Gogolev maintains an Overweight rating on Procore Technologies (NYSE:PCOR) but lowers the price target from $90 to $75.

August 02, 2024 | 12:15 pm
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JP Morgan analyst Alexei Gogolev maintains an Overweight rating on Procore Technologies but lowers the price target from $90 to $75.
The lowered price target from $90 to $75 suggests a more cautious outlook on Procore Technologies' future performance, which could lead to a short-term negative impact on the stock price despite the maintained Overweight rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100