Mizuho lowered the firm’s price target on Procore (PCOR) to $55 from $70 and keeps a Neutral rating on the shares. The company reported good Q4 results but a meaningful growth acceleration in the near term is unlikely given the challenging macro environment, the analyst tells investors in a research note.
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Read More on PCOR:
- Procore price target lowered to $63 from $85 at Stifel
- Procore price target lowered to $66 from $88 at BTIG
- Procore price target lowered to $72 from $90 at Canaccord
- Procore: Durable Growth, Attractive Valuation, and Limited AI Risk Support Buy Rating
- Procore price target lowered to $65 from $90 at Barclays
