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Procore Technologies reports financial loss but sees stock rise, with analysts still optimistic.
Procore Technologies reported a financial loss, missing analysts' expectations, but its stock price rose.
The company provides construction management software and recently updated its financial guidance.
Despite the earnings miss, analysts remain optimistic, with most rating the stock as a "buy."
Insiders have been selling shares, yet the overall market outlook remains positive with a consensus target price of $86.00.
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Procore Technologies reporta pérdidas financieras pero ve un aumento de stocks, con analistas todavía optimistas.