JP Morgan Maintains Neutral on Perficient, Lowers Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains a Neutral rating on Perficient (NASDAQ:PRFT) and lowers the price target from $71 to $59.
May 02, 2024 | 4:40 pm
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NEGATIVE IMPACT
JP Morgan maintains a Neutral rating on Perficient and reduces the price target from $71 to $59.
The reduction in price target by JP Morgan, a significant financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in PRFT's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100