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PRFT

Perficient

$26.39 /

-2.24 (-7.82%)

11:45
03/23/20
03/23
11:45
03/23/20
11:45

Perficient price target lowered to $43 from $54 at Alliance Global Partners

Alliance Global Partners analyst Brian Kinstlinger lowered the firm's price target on Perficient to $43 from $54 and keeps a Buy rating on the shares. The analyst expects expect demand will weaken as COVID-19 leads to challenges for Perficient's customers. However, a recent conversation with management suggests demand is unchanged, Kinstlinger tells investors in a research note. Nonetheless, with many businesses closed and demand for non-essential products declining, the analyst expects IT budgets to get slashed.

  • 25

    Mar

  • 26

    Mar

PRFT Perficient
$26.39 /

-2.24 (-7.82%)

03/23/20 National Securities
Perficient downgraded to Neutral from Buy at National Securities
02/26/20 Barrington
Perficient price target raised to $52 from $46 at Barrington
10/22/19 National Securities
Perficient initiated with a Buy at National Securities
09/09/19
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