Needham Maintains Buy on Pros Holdings, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg maintains a Buy rating on Pros Holdings (NYSE:PRO) but lowers the price target from $40 to $30.
October 30, 2024 | 10:54 am
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Needham analyst Scott Berg maintains a Buy rating on Pros Holdings but lowers the price target from $40 to $30, indicating a more cautious outlook.
The analyst's decision to maintain a Buy rating suggests confidence in the company's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100