Progress Accelerates Innovation During First Half of 2015

Go back to Progress Accelerates Innovation During First Half of 2015

Wedbush Raises Price Target on Progress Software (PRGS) Following 2Q15 Results

July 7, 2015 8:16 AM EDT

Wedbush maintains a Neutral rating on Progress Software (NASDAQ: PRGS), and raised the price target to $29.00 (from $24.00), Following 2Q15 results. Analyst Steve Koenig expects modest acceleration in the 2H based on DCI renewal activity.

Koenig commented, "We are reiterating our NEUTRAL rating while... More