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Progress Software (NASDAQ:PRGS) Given New $63.00 Price Target at JPMorgan Chase & Co.

Progress Software (NASDAQ:PRGS – Get Free Report) had its price target decreased by investment analysts at JPMorgan Chase & Co. from $65.00 to $63.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage presently has an “overweight” rating on the software maker’s stock. JPMorgan Chase & Co.‘s target price […] ....

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Progress Software (NASDAQ:PRGS) Issues FY24 Earnings Guidance

Progress Software (NASDAQ:PRGS – Get Free Report) updated its FY24 earnings guidance on Tuesday. The company provided EPS guidance of $4.65-4.75 for the period, compared to the consensus EPS estimate of $4.63. The company issued revenue guidance of $722-732 million, compared to the consensus revenue estimate of $728.47 million. Progress Software also updated its Q2 […] ....

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