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Fly News Breaks for May 23, 2019
PRO
May 23, 2019 | 06:04 EDT
Stifel analyst Tom Roderick upgraded Pros Holdings to Buy from Hold and raised his price target for the shares to $50 from $46. The company's sales growth is accelerating, and its free cash flows "are finally poised to turn the corner into the black," Roderick tells investors in a research note. He says Pros' push to the Cloud is "legitimately taking off" and sees further upside in the shares despite the 82% rally in the past year.
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