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Procore downgraded to Market Perform from Outperform at Citizens JMP

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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