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Progress Software Corporation provides software solutions for various industries worldwide.View PRGS key stats
Progress Software Corporation - PRGS - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Progress Software Corporation as a
Buy with a ratings score of B-.
Report Snippet: We rate PROGRESS SOFTWARE CORP (PRGS) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.