UBS Lowers Procore Price Target to $74 but Retains Buy Recommendation
UBS reduced its price target for Procore Technologies (PCOR) from $87.00 to $74.00 while keeping a Buy rating, pointing to continued mid-teens growth supported by customer checks and industry data. The firm left its FY26 revenue forecast at 10% year-over-year and noted investor expectations for an initial FY26 outlook closer to 12% revenue growth a…