Progress Accelerates Innovation During First Half of 2015
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Wedbush Raises Price Target on Progress Software (PRGS) Following 2Q15 Results
July 7, 2015 8:16 AM EDTWedbush maintains a Neutral rating on Progress Software (NASDAQ: PRGS), and raised the price target to $29.00 (from $24.00), Following 2Q15 results. Analyst Steve Koenig expects modest acceleration in the 2H based on DCI renewal activity.
Koenig commented, "We are reiterating our NEUTRAL rating while... More

