Progress (PRGS) to Acquire ShareFile
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/11/2026
- US stocks close down as oil spikes 12%, job market weakens
- U.S. nonfarm payroll employment unexpectedly falls in February
- Oracle stock falls on report of scrapped Texas data center plans
- Kuwait cuts oil output as storage fills up
- Boeing reportedly nearing 500-aircraft deal with China ahead of Trump visit
- After-hours movers: Marvell, Samsara, GAP, Cooper Cos.
- After-hours movers: Broadcom, StubHub, Cracker Barrel, Grocery Outlet, Veeva Systems and more
- After-hours movers: Moderna, CrowdStrike, Ross Stores, Box and more
- After-hours movers: MongoDB, Credo, SoFi Technologies and more
- After-hours movers: Dell, Block, CoreWeave, Autodesk, MARA and more
JPMorgan Reiterates Overweight Rating on Progress Software (PRGS)
September 9, 2024 10:22 AM UTCJPMorgan analyst Pinjalim Bora reiterated an Overweight rating and $63.00 price target on Progress Software (NASDAQ: PRGS).
The analyst comments "Progress announced that it has entered into a definitive agreement to acquire ShareFile, a leading cloud-native SaaS collaboration software for document-centric use cases, for $875M in an all-cash... More
DA Davidson Reiterates Buy Rating on Progress Software (PRGS)
September 9, 2024 10:20 AM UTCDA Davidson analyst Lucky Schreiner reiterated a Buy rating and $65.00 price target on Progress Software (NASDAQ: PRGS).
The analyst comments "This morning, Progress announced that they have entered into an agreement to acquire ShareFile, a document-centric collaboration solution, for ~$875M or ~3.6x annualized Rev of... More
