Progress Recognized for Exemplary Leadership, Inclusive Workplace Culture and Contributions to the Tech Community

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DA Davidson Reiterates Buy Rating on Progress Software (PRGS)

June 26, 2024 5:17 AM EDT

DA Davidson analyst Lucky Schreiner reiterated a Buy rating and $65.00 price target on Progress Software (NASDAQ: PRGS).

The analyst comments "Progress Software reported a solid quarter highlighted by healthy net new ARR and a slight increase in NRR. Progress noted multiple... More