Citizens JMP analyst Aaron Kimson downgraded Procore (PCOR) to Market Perform from Outperform without a price target The company reported strong Q2 results but the guidance was mixed, the analyst tells investors in a research note. The firm cites the outlook implying no revenue acceleration in 2026 and Procore’s go-to-market transition for the downgrade.
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Read More on PCOR:
- Procore Technologies Reports Strong Q2 2025 Results
- Procore Technologies: Strong Growth, Strategic Cross-Selling, and Attractive Valuation Justify Buy Rating and Increased Price Target
- Procore reports Q2 adjusted EPS 35c, consensus 26c
- Procore sees Q3 revenue $326M-$328M, consensus $327.52M
- Procore sees FY25 revenue $1.299B-$1.302B, consensus $1.29B