UBS raised the firm’s price target on Procore (PCOR) to $110 from $105 and keeps a Buy rating on the shares. Procore’s current remaining performance obligation instills comfort in the company’s growth potential, and UBS continues to like the set-up as this print reinforces the view that the outlook remains prudent and estimate revisions are biased up, the analyst tells investors in a research note.
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Read More on PCOR:
- Procore price target raised to $103 from $96 at Baird
- Procore price target raised to $110 from $90 at Piper Sandler
- Procore price target raised to $97 from $83 at Canaccord
- Procore price target raised to $96 from $85 at KeyBanc
- Procore’s Strong Financial Performance and Strategic Success Earns Buy Rating from Analyst
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