Form 8-K PROGRESS SOFTWARE CORP For: Jan 21
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Progress Software (PRGS) PT Lowered to $65 at Citi
January 22, 2025 10:53 AM ESTCiti analyst Tyler Radke lowered the price target on Progress Software (NASDAQ: PRGS) to $65.00 (from $68.00) while maintaining a Neutral rating.
The analyst comments "F4Qs sizable ARR upside (even organic) was overshadowed by FY25E EPS, Adj. FCF guides below expectations, where PRGS... More
