Barclays lowered the firm’s price target on Procore (PCOR) to $65 from $90 and keeps an Overweight rating on the shares. The company reported solid Q4 results and issued an initial guide that was inline to above estimates, the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCOR:
- Procore: Strong Q4 Beat, AI-Driven Growth, and Clear Path to Margin Expansion Support Buy Rating
- Procore reports Q4 EPS 37c, consensus 36c
- Procore sees Q1 revenue $351M-$353M, consensus $349.42M
- Procore sees FY26 revenue $1.489B-$1.494B, consensus $1.47B
- Procore price target lowered to $75 from $90 at Goldman Sachs