Needham Reiterates Buy on Pros Holdings, Maintains $35 Price Target

Needham analyst Scott Berg reiterates Pros Holdings (NYSE:PRO) with a Buy and maintains $35 price target.

Needham analyst Scott Berg reiterates Pros Holdings (NYSE:PRO) with a Buy and maintains $35 price target.

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The S&P 500 settled lower on Wednesday following minutes from the U.S. Federal Reserve's recent meeting. U.S. factory orders rose 0.3% month-over-month for May, versus market expectations for a 0.8% growth. The Philadelphia SE Semiconductor Index fell around 2.2%, with Intel Corporation (NASDAQ: INTC.O) shares losing over 3% on Wednesday.

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