Analyst Expectations For Procore Technologies's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided a range of ratings for Procore Technologies (NYSE:PCOR) over the past three months, with a mix of bullish and neutral sentiments. The average 12-month price target has decreased by 14.48% to $67.07. Procore Technologies, a cloud-based construction management software company, has shown strong revenue growth but faces challenges in profitability and financial returns.
October 28, 2024 | 4:00 pm
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Procore Technologies has received mixed analyst ratings, with a decrease in the average price target to $67.07. The company shows strong revenue growth but struggles with profitability and financial returns.
The article provides a detailed analysis of analyst ratings for Procore Technologies, showing a decrease in the average price target, which suggests a neutral short-term impact. The company's strong revenue growth is a positive indicator, but challenges in profitability and financial returns may offset this, leading to a balanced outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100