On Oct 31, major Wall Street analysts update their ratings for $Pros Holdings (PRO.US)$, with price targets ranging from $26 to $38.
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.
Stifel analyst J. Parker Lane maintains with a buy rating, and adjusts the target price from $32 to $26.
KeyBanc analyst Jason Celino maintains with a buy rating.
Furthermore, according to the comprehensive report, the opinions of $Pros Holdings (PRO.US)$'s main analysts recently are as follows:
Pros Holdings' recent financial results showed that their Q3 subscription and total revenue were slightly above the consensus, accompanied by a significantly better EBITDA. Despite the unchanged outlook in the Travel sector, there is observed broad-based strength in B2B. Additionally, it was announced that CEO Andres Reiner is set to retire following the appointment of a successor.
The company reported a solid quarter despite concerns and generally low expectations. Although the travel end-market continues to face challenges, the B2B segment displayed robustness, partly fueled by AI innovations. A noteworthy point is that new logos accounted for half of the bookings, showing a significant sequential increase, which bodes well for the B2B prospects.
Here are the latest investment ratings and price targets for $Pros Holdings (PRO.US)$ from 7 analysts:
Note:
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