Jefferies Reiterates a 'Buy' on PROS Holdings (PRO); Strong Secular Growth Story
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Price: $23.25 --0%
Rating Summary:
5 Buy, 12 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 4 | Down: 20 | New: 18
Rating Summary:
5 Buy, 12 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 4 | Down: 20 | New: 18
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Jefferies reiterates a 'Buy' on PROS Holdings (NYSE: PRO) price target raised from $18 to $21.
Jefferies analyst says, "PRO beat 4Q11, guided 1Q12 slightly ahead at the MP, and provided in-line CY12 rev guidance. We think there is upside risk to the full-year outlook given end CY11 backlog, expanded distribution capacity, and improving market acceptance. We continue to view PRO as a strong secular growth story with potential material OM expansion over time coupled with take-out risk."
For an analyst ratings summary and ratings history on PROS Holdings click here. For more ratings news on PROS Holdings click here.
Shares of PROS Holdings closed at $17.87 yesterday.
Jefferies analyst says, "PRO beat 4Q11, guided 1Q12 slightly ahead at the MP, and provided in-line CY12 rev guidance. We think there is upside risk to the full-year outlook given end CY11 backlog, expanded distribution capacity, and improving market acceptance. We continue to view PRO as a strong secular growth story with potential material OM expansion over time coupled with take-out risk."
For an analyst ratings summary and ratings history on PROS Holdings click here. For more ratings news on PROS Holdings click here.
Shares of PROS Holdings closed at $17.87 yesterday.
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