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Fly News Breaks for July 13, 2018
PRFT
Jul 13, 2018 | 08:54 EDT
Needham analyst Mayank Tandon raised his price target for Perficient to $30 and kept his Buy rating after meeting with the company CEO Jeff Davis. Tandon says the meetings were "broadly upbeat, with a focus on the healthy demand backdrop for the company's services and the runway for growth moving forward". The analyst adds that positive data points from other industry players also suggests that Perficient is "on a solid trajectory to improve organic services revenue growth."
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