Wedbush Reiterates Outperform on Progress Software, Maintains $68 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has reiterated an Outperform rating for Progress Software (NASDAQ:PRGS) and maintained a price target of $68.
September 10, 2024 | 1:15 pm
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Wedbush analyst Daniel Ives has reiterated an Outperform rating for Progress Software and maintained a price target of $68, indicating confidence in the company's performance.
The reiteration of an Outperform rating and maintenance of a $68 price target by a reputable analyst suggests a positive outlook for Progress Software, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100