BMO Capital Maintains Outperform on Procore Technologies, Lowers Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Daniel Jester maintains an Outperform rating on Procore Technologies (NYSE:PCOR) but lowers the price target from $85 to $71.
August 02, 2024 | 5:24 pm
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NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on Procore Technologies but lowers the price target from $85 to $71.
The Outperform rating suggests continued confidence in Procore Technologies' performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100