Needham Downgrades Perion Network to Hold
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin has downgraded Perion Network (NASDAQ:PERI) from Buy to Hold.
June 10, 2024 | 5:38 pm
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Needham analyst Laura Martin has downgraded Perion Network from Buy to Hold, which may indicate a less optimistic outlook for the company's stock performance.
The downgrade from Buy to Hold by a reputable analyst suggests a less favorable view on the stock's potential, which could lead to a short-term decline in the stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100