Raymond James Downgrades Perion Network to Market Perform
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Andrew Marok has downgraded Perion Network (NASDAQ:PERI) from Outperform to Market Perform.

September 12, 2023 | 9:45 am
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NEGATIVE IMPACT
Perion Network has been downgraded by Raymond James from Outperform to Market Perform, which may impact its stock performance.
Analyst ratings often influence the market's perception of a company. A downgrade from Outperform to Market Perform suggests that the analyst believes the company's stock will not outperform the market anymore. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100