Benchmark Reiterates Buy and PT of $31 on Progress Software

By Emily Austin
Benzinga Staff Writer
June 29, 2011 6:28 AM

Symbols: PRGS

Posted in: Reiteration, Analyst Ratings

Benchmark reiterated its Buy rating on Progress Software (NASDAQ: PRGS). At the same time, the rating agency left its price target on the company's stock unchanged at $31. On Tuesday, Progress added 0.17% to its value to end the day at $23.28. Its shares slumped in today's pre-market trading, however, falling 5.97% to trade around $21.89.

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Benchmark Reiterates Buy and PT of $31 on Progress Software

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