Northland is elevating Pros Holdings (PRO) to a “top pick” as the firm believes the improved linearity in bookings performance driven by CRO Todd McNabb one year into the role has “largely been unrecognized.” The firm, which also believes multiple tailwinds are coming together for Pros Holdings, reiterates its Outperform rating and 12-month price target of $38.
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- Pros Holdings price target lowered to $25 from $30 at Needham
- Pros Holdings price target lowered to $22 from $31 at KeyBanc
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