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Jefferies Financial Group Analysts Cut Earnings Estimates for Progress Software Co. (NASDAQ:PRGS)

Progress Software Co. (NASDAQ:PRGS – Get Rating) – Jefferies Financial Group decreased their Q2 2023 earnings estimates for Progress Software in a report issued on Wednesday, March 29th. Jefferies Financial Group analyst B. Thill now anticipates that the software maker will post earnings per share of $0.65 for the quarter, down from their prior forecast […] ....

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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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MetLife Investment Management LLC Sells 434 Shares of Progress Software Co. (NASDAQ:PRGS)

MetLife Investment Management LLC decreased its position in Progress Software Co. (NASDAQ:PRGS – Get Rating) by 1.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 22,869 shares of the software maker’s stock after selling 434 shares during the period. MetLife Investment Management LLC owned about 0.05% […] ....

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Miracle Mile Advisors LLC Makes New Investment in Progress Software Co. (NASDAQ:PRGS)

Miracle Mile Advisors LLC acquired a new stake in shares of Progress Software Co. (NASDAQ:PRGS – Get Rating) during the 4th quarter, Holdings Channel reports. The fund acquired 4,708 shares of the software maker’s stock, valued at approximately $238,000. A number of other hedge funds have also recently bought and sold shares of PRGS. Ronald […] ....

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Progress Software (NASDAQ:PRGS) Stock Price Down 6.1%

Progress Software Co. (NASDAQ:PRGS – Get Rating)’s stock price fell 6.1% during trading on Wednesday . The stock traded as low as $54.67 and last traded at $55.08. 107,374 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 322,748 shares. The stock had previously closed at $58.65. Wall […] ....

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