Piper Sandler raised the firm’s price target on Procore (PCOR) to $82 from $75 and keeps an Overweight rating on the shares. The firm notes the company demonstrated another encouraging quarter with a 4% top line beat and 21% cRPO growth. For long-term investors looking for high-quality vertical software names with enviable industry market share, Piper continues to recommend Procore.
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