Construction Project Management Software Firm Procore Technologies (PCOR) Gains as Street Starts Coverage With Mostly Positive Ratings

UPDATE: William Blair Starts Procore Technologies, Inc (PCOR) at Outperform

(Updated - June 14, 2021 6:02 AM EDT)

William Blair analyst Bhavan Suri initiates coverage on Procore Technologies, Inc (NYSE: PCOR) with a Outperform rating.

The analyst comments "Large and underpenetrated TAM: We believe Procore is well positioned to capitalize on a roughly $10 billion market... More

Canaccord Genuity Starts Procore Technologies, Inc (PCOR) at Buy

Canaccord Genuity analyst David Hynes Jr. initiates coverage on Procore Technologies, Inc (NYSE: PCOR) with a Buy rating and a price target of $100.00.

For an analyst ratings summary and ratings history on Procore Technologies, Inc... More

UPDATE: Piper Sandler Starts Procore Technologies, Inc (PCOR) at Overweight

(Updated - June 14, 2021 7:58 AM EDT)

Piper Sandler analyst Brent Bracelin initiates coverage on Procore Technologies, Inc (NYSE: PCOR) with an Overweight rating and a price target of $100.00.

The analyst commented, "Since its founding in 2002, Procore has evolved from a project management... More

Barclays Starts Procore Technologies, Inc (PCOR) at Overweight

Barclays analyst Saket Kalia initiates coverage on Procore Technologies, Inc (NYSE: PCOR) with a Overweight rating and a price target of $104.00.

For an analyst ratings summary and ratings history on Procore Technologies, Inc... More

JPMorgan Starts Procore Technologies, Inc (PCOR) at Overweight

JPMorgan analyst Sterling Auty initiates coverage on Procore Technologies, Inc (NYSE: PCOR) with a Overweight rating and a price target of $115.00.

The analyst comments "In our opinion Procore is one of the most attractive vertical SaaS application companies in the software... More

UPDATE: KeyBanc Starts Procore Technologies, Inc (PCOR) at Overweight

(Updated - June 14, 2021 4:19 AM EDT)

KeyBanc analyst Jason Celino initiates coverage on Procore Technologies, Inc (NYSE: PCOR) with a Overweight rating and a price target of $105.00.

The analyst comments "We view construction as one the largest, most inefficient, and un-digitized... More

UPDATE: Jefferies Starts Procore Technologies, Inc (PCOR) at Hold

(Updated - June 14, 2021 7:50 AM EDT)

Jefferies analyst Brent Thill initiates coverage on Procore Technologies, Inc (NYSE: PCOR) with a Hold rating and a price target of $90.00.

The analyst commented, "We are fundamental fans of PCOR for three reasons. 1) Housing inventory... More

Stifel Starts Procore Technologies, Inc (PCOR) at Buy

Stifel analyst Tom Roderick initiates coverage on Procore Technologies, Inc (NYSE: PCOR) with a Buy rating and a price target of $100.00.

The analyst comments "Procore is a leading provider of Cloud-based construction management software and has assembled a leading solution that connects the entire... More

UPDATE: Goldman Sachs Starts Procore Technologies, Inc (PCOR) at Neutral

(Updated - June 14, 2021 2:18 AM EDT)

Goldman Sachs analyst Kash Rangan initiates coverage on Procore Technologies, Inc (NYSE: PCOR) with a Neutral rating and a price target of $84.00.

The analyst comments "Our price target is based on an... More