Piper Sandler analyst Brent Bracelin flags Procore Technologies as a top small-cap idea to own for 2023. The company has the potential to emerge as a 20%-plus compounder as it further digitizes the $11 trillion construction industry, Bracelin tells investors in a research note. He says Procore’s construction drivers might be more diverse than investors appreciate and keeps an Overweight rating on the shares with a $60 price target.
Published first on TheFly
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