Progress Software rises as Citi upgrades to Buy (PRGS:NASDAQ)
Core Viewpoint - Progress Software's shares increased by 4.5% following an upgrade from Citigroup, which changed its rating from Neutral to Buy, highlighting the company's resilient fundamentals and consistent financial and operational performance despite a year-to-date decline of approximately 30% [1] Company Summary - Citigroup upgraded Progress Software's stock to Buy from Neutral [1] - The stock was trading at $46.66 during afternoon trading [1] - The company has demonstrated resilient fundamentals and consistent performance [1]