Pros Holdings price target raised to $47 from $40 at Baird

Baird raised the firm’s price target on Pros Holdings to $47 from $40 and keeps an Outperform rating on the shares. The firm hosted a day of investor meetings in Canada with PRO management and came away incrementally positive on the stock and note that investor interest has been high in recent weeks. Baird likes the set-up heading into 2024 and believes Street estimates are at a reasonable starting point.