Progress to Host 2015 Investor and Analyst Day

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/25/2026

1. DECK
2. RNG
3. WDC
4. BMY
5. BYD
6. SPOT
7. WCN
8. TSCO
9. BE
10. SPY

Go back to Progress to Host 2015 Investor and Analyst Day

Wedbush Cuts Price Target on Progress Software (PRGS) Following 3Q15 Results

October 2, 2015 8:16 AM EDT

Wedbush maintained a Neutral rating on Progress Software (NASDAQ: PRGS), and cut the price target to $25.00 (from $29.00), following the company's 3Q15 earnings results. PRGS missed slightly on the top line ($101M vs. 104M) and lowered FY15 revenue guidance by three points to 3-4% in organic, constant-currency terms.

Analyst Steve Koenig commented,... More