Progress Software (PRGS) Misses Q1 EPS by 2c; Trims FY16 Outlook
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Wedbush Cuts Price Target on Progress Software (PRGS) Following a Weak 1Q
March 31, 2016 7:24 AM EDTWedbush maintained a Neutral rating on Progress Software (NASDAQ: PRGS), and cut the price target to $22.00 (from $24.00), following the company's 1Q earnings report. Weakness in OpenEdge direct deals with North American customers looks to be a result of protracted negotiations with a handful of... More
