Needham Initiates PROS Holdings With Buy

Needham initiated coverage on PROS Holdings, Inc. PRO with a Buy rating. The target price for PROS Holdings is set to $29. PROS Holdings shares have dropped 18.46 percent over the past 52 weeks, while the S&P 500 index has surged 7.17 percent in the same period. PROS Holdings' shares closed at $21.56 on Friday.