TD Cowen raised the firm’s price target on Procore (PCOR) to $95 from $82 and keeps a Buy rating on the shares. The firm said its GTM changes are off to a good start and hiring was ahead of plan. Big Mag 7 deals show good traction with Owners. FY25 guide raised from 11% to 12% and Cowen thinks it is conservative.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCOR: