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Fly News Breaks for November 4, 2016
PRFT
Nov 4, 2016 | 08:52 EDT
As previously reported, Avondale downgraded Perficient to Market Perform from Outperform and lowered its price target to $17 from $22. Analyst Peter Heckmann said Perficient reported disappointing Q3 results and guidance due to delays in project starts and bookings pressure and recommends staying on the sidelines until the outlook becomes more clear.
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