Procore price target raised to $66 from $64 at Barclays

Barclays raised the firm’s price target on Procore (PCOR) to $66 from $64 and keeps an Equal Weight rating on the shares. The preliminary fiscal 2025 guide of 11% year-over-year revenue growth and 13% operating margin was the most incremental point from the Q3 call, and management referred to this as the floor for fiscal 2025, the analyst tells investors in a research note.