Stifel Maintains Hold on Perion Network, Lowers Price Target to $7.5
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Kelley maintains a Hold rating on Perion Network (NASDAQ:PERI) and lowers the price target from $9 to $7.5.
October 14, 2024 | 1:22 pm
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Stifel analyst Mark Kelley has maintained a Hold rating on Perion Network and reduced the price target from $9 to $7.5, indicating a less optimistic outlook.
The reduction in price target from $9 to $7.5 by Stifel suggests a less favorable view on Perion Network's future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100