DA Davidson Maintains Buy on Progress Software, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Lucky Schreiner maintains a Buy rating on Progress Software (NASDAQ:PRGS) and raises the price target from $65 to $70.
September 25, 2024 | 2:46 pm
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POSITIVE IMPACT
DA Davidson has reaffirmed its Buy rating on Progress Software and increased the price target from $65 to $70, indicating a positive outlook.
The reaffirmation of a Buy rating and an increased price target from a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100