Procore price target raised to $97 from $83 at Canaccord

Canaccord analyst David Hynes raised the firm’s price target on Procore (PCOR) to $97 from $83 and keeps a Buy rating on the shares. The firm said they reported solid, but somewhat mixed Q4 results. More importantly, the firm’s outlook for 2025 came in a bit better than initial targets laid out last quarter.

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