Progress Software Corporation (PRGS) Tops Q3 EPS by 12c, Offers Guidance

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Progress Software (PRGS) PT Raised to $65 at Citi

September 26, 2024 12:45 PM EDT

Citi analyst Tyler Radke raised the price target on Progress Software (NASDAQ: PRGS) to $65.00 (from $60.00) while maintaining a Neutral rating.

The analyst comments "~2% YoY revenue growth surmounted ~flat YoY expectations (powered by License), underscored by steady, portfolio-wide demand, despite NRR stuck at ~99%... More

Progress Software (PRGS) PT Raised to $70 at DA Davidson

September 25, 2024 5:56 AM EDT

DA Davidson analyst Lucky Schreiner raised the price target on Progress Software (NASDAQ: PRGS) to $70.00 (from $65.00) while maintaining a Buy rating.

The analyst comments "Progress delivered another good quarter highlighted by its recent announcement to acquire ShareFile. Since initiating on PRGS, we... More