On 4/1/25, Progress Software Corp (NASDAQ: PRGS) stock enjoyed a major increase of 12.1%, closing at $57.76. Moreover, exceptionally high trading volume at 305% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 5.0% during the last week.
Current PriceTarget Research Rating
Progress Software has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Progress Software has a good Appreciation Score of 77 but a neutral Power Rating of 49, with the Positive Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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