Guggenheim Maintains Buy on Progress Software, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Raymond McDonough has maintained a Buy rating on Progress Software and raised the price target from $64 to $70.
September 25, 2024 | 5:01 pm
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POSITIVE IMPACT
Guggenheim has reaffirmed its Buy rating on Progress Software and increased the price target to $70, indicating a positive outlook.
The increase in price target from $64 to $70 by Guggenheim 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