Barclays Maintains Equal-Weight on Procore Technologies, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Equal-Weight rating on Procore Technologies and raises the price target from $64 to $66.
October 31, 2024 | 6:28 pm
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Barclays has maintained its Equal-Weight rating on Procore Technologies while slightly increasing the price target from $64 to $66, indicating a modestly positive outlook.
The increase in the price target from $64 to $66 by Barclays suggests a slightly more optimistic view on Procore Technologies' stock performance. Maintaining the Equal-Weight rating indicates that the analyst sees the stock performing in line with the market. This could lead to a modest positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100