On Oct 30, major Wall Street analysts update their ratings for $Pros Holdings (PRO.US)$, with price targets ranging from $27 to $31.
Baird analyst Robert Oliver maintains with a buy rating, and adjusts the target price from $35 to $28.
Oppenheimer analyst Brian Schwartz maintains with a buy rating, and adjusts the target price from $31 to $27.
Needham analyst Scott Berg maintains with a buy rating, and adjusts the target price from $40 to $30.
KeyBanc analyst Jason Celino maintains with a buy rating.
Craig-Hallum analyst Jeff Van Rhee upgrades to a buy rating, and maintains the target price at $31.
Furthermore, according to the comprehensive report, the opinions of $Pros Holdings (PRO.US)$'s main analysts recently are as follows:
Pros Holdings' recent report indicates that Q3 subscription and total revenue were marginally above the consensus, with a notably stronger EBITDA performance. Despite the unchanged outlook in travel, the B2B segment is witnessing widespread vigor. Additionally, the company has made an announcement regarding the planned retirement of their CEO, Andres Reiner, which is set to occur following the appointment of a successor.
The firm acknowledged Pros Holdings' solid quarterly performance despite prevailing fears and modest expectations. Although the travel market remains challenging, there has been notable strength in the B2B sector, partly fueled by advancements in AI. A significant increase in new logos, accounting for half of the bookings, marks a sequential improvement and bodes well for B2B prospects.
Here are the latest investment ratings and price targets for $Pros Holdings (PRO.US)$ from 5 analysts:
Note:
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