Progress Software Corporation (PRGS) Tops Q2 EPS by 9c, Offers Guidance
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Progress Software (PRGS) PT Lowered to $53 at Oppenheimer
June 29, 2022 7:26 AM EDTOppenheimer analyst Ittai Kidron lowered the price target on Progress Software (NASDAQ: PRGS) to $53.00 (from $60.00) while maintaining an Outperform rating following earnings.
The analyst commented, "Progress delivered a strong May qtr., with rev./EPS exceeding consensus estimates behind a stable spending environment and... More
