Pros Holdings price target raised to $52 from $51 at Northland

Northland analyst Nehal Chokshi raised the firm’s price target on Pros Holdings to $52 from $51 and keeps an Outperform rating on the shares. Despite “an effectively in-line 4Q23 guidance,” the firm sees Pros being set up for further revenue growth acceleration and ongoing operating margin expansion in calendar 2024, the analyst tells investors in a post-earnings note.