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Kendall Capital Management Cuts Stock Holdings in Progress Software Co. (NASDAQ:PRGS)

Kendall Capital Management lessened its position in Progress Software Co. (NASDAQ:PRGS – Get Rating) by 14.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,675 shares of the software maker’s stock after selling 2,365 shares during the quarter. Kendall […] ....

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Citigroup Raises Progress Software (NASDAQ:PRGS) Price Target to $57.00

Progress Software (NASDAQ:PRGS – Get Rating) had its target price raised by Citigroup from $54.00 to $57.00 in a research note issued to investors on Thursday morning, The Fly reports. They currently have a neutral rating on the software maker’s stock. Several other equities research analysts have also recently weighed in on the stock. StockNews.com […] ....

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Progress Software (NASDAQ:PRGS) PT Raised to $63.00 at Oppenheimer

Progress Software (NASDAQ:PRGS – Get Rating) had its price objective increased by Oppenheimer from $53.00 to $63.00 in a research report report published on Wednesday, The Fly reports. Oppenheimer currently has an outperform rating on the software maker’s stock. A number of other research analysts have also recently commented on PRGS. Guggenheim increased their price […] ....

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Progress Software (NASDAQ:PRGS) Updates FY23 Earnings Guidance

Progress Software (NASDAQ:PRGS – Get Rating) updated its FY23 earnings guidance on Tuesday. The company provided earnings per share guidance of $4.09-4.17 for the period, compared to the consensus earnings per share estimate of $4.14. The company issued revenue guidance of $680-688 million, compared to the consensus revenue estimate of $679.79 million. Progress Software also […] ....

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Federated Hermes Inc. Sells 764 Shares of Progress Software Co. (NASDAQ:PRGS)

Federated Hermes Inc. reduced its position in shares of Progress Software Co. (NASDAQ:PRGS – Get Rating) by 49.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 794 shares of the software maker’s stock after selling 764 shares during the quarter. Federated Hermes Inc.’s holdings in Progress Software […] ....

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