Progress Software (NASDAQ:PRGS) reported quarterly earnings of $0.97 per share which beat the analyst consensus estimate of $0.85 by 14.12 percent. This is a 2.11 percent increase over earnings of $0.95 per share from the same period last year. The company reported quarterly sales of $147.50 million which beat the analyst consensus estimate of $140.55 million by 4.95 percent. This is a 11.93 percent increase over sales of $131.78 million the same period last year.
Truist Securities Upgrades RBC Bearings to Buy, Raises Price Target to $250
Truist Securities analyst Michael Ciarmoli upgrades RBC Bearings (NASDAQ:ROLL) from Hold to Buy and raises the price target from $225 to $250.
