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flag Raymond James and other firms boost holdings in Progress Software as its stock soars 208.7% amid strong earnings.

flag Raymond James Financial Inc. and other firms have increased their holdings in Progress Software, which saw its stock rise 208.7% in the last quarter. flag The company reported a 28.9% revenue increase and earnings that beat analysts' estimates. flag With a market cap of $2.36 billion, Progress Software offers various software solutions and has a consensus "Moderate Buy" rating with a target price of $74.33.

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