Maxim Group Downgrades Perficient to Hold, Announces $76 Price Target
Portfolio Pulse from Benzinga Newsdesk
Maxim Group analyst Jack Vander Aarde downgraded Perficient (NASDAQ:PRFT) from Buy to Hold and set a price target of $76.

May 07, 2024 | 3:43 pm
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NEUTRAL IMPACT
Perficient was downgraded by Maxim Group from Buy to Hold with a $76 price target.
The downgrade from Buy to Hold suggests a neutral outlook on the stock's short-term price movement, indicating that the analyst sees limited upside potential from the current levels to the target price. This could lead to a stabilization or slight adjustment in the stock price as the market digests this new rating and price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100