Form 144 PROGRESS SOFTWARE CORP Filed by: Kulikoski Kathryn

Go back to Form 144 PROGRESS SOFTWARE CORP Filed by: Kulikoski Kathryn

Progress Software (PRGS) PT Raised to $65 at Citi

September 26, 2024 12:45 PM EDT

Citi analyst Tyler Radke raised the price target on Progress Software (NASDAQ: PRGS) to $65.00 (from $60.00) while maintaining a Neutral rating.

The analyst comments "~2% YoY revenue growth surmounted ~flat YoY expectations (powered by License), underscored by steady, portfolio-wide demand, despite NRR stuck at ~99%... More