Needham Maintains Buy on Perion Network, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin has maintained a 'Buy' rating on Perion Network (NASDAQ:PERI) but lowered the price target from $42 to $35.

November 01, 2023 | 8:22 pm
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NEUTRAL IMPACT
Perion Network's price target has been lowered from $42 to $35 by Needham, though the 'Buy' rating is maintained.
The news is directly about Perion Network. The lowering of the price target might indicate a potential downside, but the maintained 'Buy' rating suggests that the analyst still sees value in the stock. This could lead to mixed market reactions, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100