Roth MKM Maintains Buy on Perion Network, Lowers Price Target to $35-Report released on 7th February 2024
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Jeff Martin maintains a Buy rating on Perion Network (NASDAQ:PERI) but lowers the price target from $40 to $35 as of 7th February 2024.

February 08, 2024 | 2:12 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Roth MKM maintains a Buy rating on Perion Network but lowers the price target from $40 to $35.
While the maintenance of a Buy rating by Roth MKM indicates continued confidence in Perion Network's fundamentals and growth potential, the reduction in the price target could reflect adjustments in market conditions or expectations that might slightly temper investor enthusiasm in the short term. However, the overall positive stance suggests that any negative impact on the stock price might be limited.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100