Procore price target lowered to $74 from $87 at UBS

UBS analyst Taylor McGinnis lowered the firm’s price target on Procore (PCOR) to $74 from $87 and keeps a Buy rating on the shares. UBS continues to have comfort in Procore’s ability to sustain mid-teens growth, supported by customer checks and industry data pointing to modestly higher construction volume growth in fiscal 2026, the analyst tells investors in a research note.