JP Morgan Maintains Neutral on Perficient, Raises Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Puneet Jain has maintained a Neutral rating on Perficient (NASDAQ:PRFT) and increased the price target from $68 to $71.

February 28, 2024 | 2:47 pm
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JP Morgan has maintained a Neutral rating on Perficient and raised the price target from $68 to $71.
The increase in price target by JP Morgan suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, which might temper expectations for significant price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90