Progress Software Corporation (PRGS) Tops Q3 EPS by 3c, Offers Guidance
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Progress Software (PRGS) PT Lowered to $45 at Jefferies
September 28, 2022 8:39 AM EDTJefferies analyst Brent Thill lowered the price target on Progress Software (NASDAQ: PRGS) to $45.00 (from $52.00) while maintaining a Hold rating following results.
The analyst commented, "PRGS delivered a top-line beat but FY22 reported rev guide was reiterated on worsening FX headwinds. Net... More