Procore Announces Second Quarter 2024 Financial Results

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Go back to Procore Announces Second Quarter 2024 Financial Results

Procore Technologies, Inc (PCOR) PT Lowered to $55 at Mizuho

August 2, 2024 3:27 PM EDT

Mizuho analyst Siti Panigrahi lowered the price target on Procore Technologies, Inc (NYSE: PCOR) to $55.00 (from $70.00) while maintaining a Neutral rating.

The analyst comments "PCOR shares are down ~20% since reporting FQ2 results yesterday given the GTM structure changes the company intends to put... More

Procore Technologies, Inc (PCOR) PT Lowered to $60 at Macquarie

August 2, 2024 8:46 AM EDT

Macquarie analyst Robert Trout lowered the price target on Procore Technologies, Inc (NYSE: PCOR) to $60.00 (from $70.00) while maintaining a Neutral rating.

The analyst comments "PCOR posted a solid ~3%+ Q2 rev. beat amidst US commercial construction backlogs which have steadily declined since... More

DA Davidson Downgrades Procore Technologies, Inc (PCOR) to Neutral

August 2, 2024 6:13 AM EDT

DA Davidson analyst Gil Luria downgraded Procore Technologies, Inc (NYSE: PCOR) from Buy to Neutral with a price target of $60.00 (from $90.00).

The analyst comments "We are downgrading Procore to NEUTRAL from Buy in response to a 2Q24 release which signaled significant company-wide... More