Scotiabank Downgrades Perficient to Sector Perform
Portfolio Pulse from richadhand@benzinga.com
Scotiabank analyst Divya Goyal has downgraded Perficient (NASDAQ:PRFT) from Sector Outperform to Sector Perform.
July 28, 2023 | 2:17 pm
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Perficient has been downgraded by Scotiabank from Sector Outperform to Sector Perform, which may impact its stock performance.
Analyst ratings often influence the market's perception of a company. A downgrade from 'Sector Outperform' to 'Sector Perform' suggests that the analyst believes the company will now perform at the same level as the rest of the sector, rather than outperforming it. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100