Needham Reiterates Buy on Perion Network, Maintains $42 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Laura Martin has reiterated a 'Buy' rating on Perion Network (NASDAQ:PERI) and maintained a price target of $42.
July 07, 2023 | 9:49 am
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POSITIVE IMPACT
Perion Network's stock rating has been reiterated as 'Buy' by Needham with a maintained price target of $42.
The reiteration of a 'Buy' rating by a reputable analyst like Laura Martin from Needham is a positive signal for investors. The maintained price target of $42 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100